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If the child under 18 works for the parent, he/she is not available for self-employment tax or FICA, FUTA tax. see the website of https://www.irs.gov/newsroom/t...
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So the parent must only file W-2 instead of 1099 for kids, right?How about the FICA, FUTA tax on W-2?
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Thanks for reply. I just need to know how to waive kid's Self-employment tax through proconnect if he is under 18 and works for his parents?
