Taxpayer A is a student athlete in high school. They are

being recruited by colleges to play soccer at a Division I

school and are popular on several social media platforms.

Taxpayer A provides social media advertisements for

several businesses in the local area. Below is additional

information for their current year:

Taken as a dependent on their parents' tax return

Earned Income of $$7,500$ for social media advertisements

for a local car dealership, restaurant, auto body shop and

hair salon

Had $$1,000$ of business expenses related to the social

media advertisements

Is the following statement true about this scenario?