Question
When an under-age 18 child by the parent's sole proprietorship or the parent's husband-wife partners a. The child wages are exempt from federal tax b
When an under-age 18 child by the parent's sole proprietorship or the parent's husband-wife partners
a. The child wages are exempt from federal tax
b There is no requirement to issue the child a Form W-2
c. the child's wages are exempt from Social security ,Medicare and FUTA taxes
d. The child"s compensation can be up to $25 per hour regardless of the child's age or skills
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
