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Updated over 11 years ago,

User Stats

8,372
Posts
4,375
Votes
Colleen F.
Pro Member
  • Investor
  • Narragansett, RI
4,375
Votes |
8,372
Posts

Managing taxes when you pay your child

Colleen F.
Pro Member
  • Investor
  • Narragansett, RI
Posted

Ok so I hired my son to work on my rental , he is 17. Some of what he does is not 1099 work but employee work so we should be withholding taxes and sending to the IRS. can anyone recommend an inexpensive service for this OR a way to do it easily. I know someone will say ask a CPA but I had a parting of the ways with the current CPA ( he filed our 2012 taxes FINALLY in September). I am working on finding a new CPA but now I think I am remiss in getting my sons tax payments in since it looks like they are supposed to be monthly not quarterly. The IRS well they aren't my favorite government agency so I want to have things right...

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