Need to know how to pay our son to work for us when we are independent contractors.?
My husband is a catastrophe claims adjuster and gets paid commission as an independent contractor. I understand business deductions, etc.. for him. Our 19 year old son (who is NOT a full time student and NOT a dependent) is working with my husband. How is the best way to pay him without getting all of us in trouble with taxes? We are providing room and board for him but need to pay him for his time as well. Would it be better for him to pay rent and buy his own food so he has deductions as an independent contractor also? I'm really confused and concerned about doing this the right way. Any help or suggestions will be greatly
Asked By: boydmimiof3 - 9/27/2008
Best Answer - Chosen by Asker
Because he is over 18 y/o the best thing to do is treat him "at arm's length", that is treat him as you would treat someone unrelated... More
Answered By: Hank Roitman, EA - 9/27/2008
Additional Answers (3)
If he is working under the direction of your husband, working the hours your husband sets, etc - then he is an employee pure and simple and you must treat him as such... More
Answered By: Helen, EA in PA - 9/27/2008
Paying rent and buying his own food are not tax deductions. And if your husband has been deducting items like that, then you'd better be ready for an audit where they are disallowed... More
Answered By: Judy - 9/27/2008
Pay him as an employee or as independent contractor.
Answered By: Jss - 9/27/2008
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