Can a 1 member LLC, that is taxed as an S-Corp, hire the member's child (under 18) with the wages not being subject to FICA taxes?

Forum|Forum|6 years ago
December 7, 2019
9 replies
18 views

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Best answer by PhoebeRoberts

Nope. Only works for an entity taxed as a sole proprietorship, or as a partnership where all of the interests are held by the minor child's parents.

PhoebeRoberts

Answer

Intuit Community Champion

Nope. Only works for an entity taxed as a sole proprietorship, or as a partnership where all of the interests are held by the minor child's parents.

IRonMaN

Level 15

I would vote no.

Slava Ukraini!

Just-Lisa-Now-

Intuit Community Champion

I was wondering when corporations started having children.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

itonewbie

Level 15

Nope. §31.3121(b)(3)-1(d) is clear about that.

---------------------------------------------------------------------------------Still an AllStar

N

NPChristyAuthor

Level 4

Thank you Phoebe and itonewbie. I was thinking that since it was a 1 member pass through where the 1 member was the minor child's parent, it might work. Thanks for clarifying (without the sarcasm).

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