A parent paid his child $6,000 from a sole proprietorship. The child is under 18, so no FICA or medicare tax. Where should I report it? If I put it on Schedule C and check the box for "not self-employed income" then the program only allows $1100 standard deduction and taxes the difference. The $6,000 should be considered earned income for the standard deduction calculation. I can't find where to override this.
