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Should I Pay My Child on a W-2 or 1099 Basis? [Tax Smart Daily 044]


When you hire your children to work in your business, you should always pay them on a payroll basis. Learn more through this video from The Tax Smart Real Estate Investors YouTube channel.

Listen in to learn:

  • Why you should always compensate your children on a payroll basis
  • What happens if you pay them on a 1099 basis

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