Paying your child for content
Varies
Can You Write Off Paying Your Child for Content?
Short answer: Wages paid to your child for real work in your channel are deductible, and kids under 18 working for a parent's sole proprietorship skip payroll taxes.
Pay a reasonable rate and keep timesheets.
Records to keep: Keep receipts, 1099s or W-2s, a mileage log, and a note of the business purpose. W-2 employees should ask about employer reimbursement.
Paying your child for content
Varies
Remote Workers / Freelancers / Consultants
Wages paid to your child for real work in your channel are deductible, and kids under 18 working for a parent's sole proprietorship skip payroll taxes.
Business justification
Wages paid to your child for real work in your channel are deductible, and kids under 18 working for a parent's sole proprietorship skip payroll taxes. Pay a reasonable rate and keep timesheets.
Category
- Write-Offs by Job