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- Re: When entering a 1099 Misc for a childs 4H project, the system is marking it as unearned income. I think because it is not subject to self employment tax.
When entering a 1099 Misc for a childs 4H project, the system is marking it as unearned income. I think because it is not subject to self employment tax.
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TaxGirl11
Level 3
03-10-2024
05:35 PM
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For the child's return, I am getting a diagnostic Warning stating Form 8615 is required for children with unearned income. Where can I mark it as earned?
2 Comments 2
Karl
Level 8
03-11-2024
01:49 PM
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Agreed. For it to not be unearned income, the kid would have to pay SS & MC tax. So I think the client either needs to deal with kiddie tax or FICA tax.
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