What is the name of your state?What is the name of your state? Utah
My 12 year old earned wages of about $4500 in 2004. No withholding of anykind was done. I've heard no income tax is owed and he doesn't have to file a return if he has earned income under $4700; however, we recieved no W-2. Does he owe FICA and Medicare on this earned income? If so, shouldn't the employer file the W-2 with the Social Security Administration and pay their share of these taxes? Alternatively, what if they give him a 1099 as he could be construed as an independant contractor, do we have to file a Sch C and include it in our return?
Thanks
My 12 year old earned wages of about $4500 in 2004. No withholding of anykind was done. I've heard no income tax is owed and he doesn't have to file a return if he has earned income under $4700; however, we recieved no W-2. Does he owe FICA and Medicare on this earned income? If so, shouldn't the employer file the W-2 with the Social Security Administration and pay their share of these taxes? Alternatively, what if they give him a 1099 as he could be construed as an independant contractor, do we have to file a Sch C and include it in our return?
Thanks