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Subject:  Paying children to work Date:  7/12/1999  4:51 PM
Author:  chrisbafool Number:  17204 of 127745

I have a client who wants to pay his minor children(10,13) a paycheck for actual work performed in his retail store rather than pay them out of his pocket at his tax rate. Is this generally ok? It is a proprietorship by the way. Also, if the children then have earned income, could they contribute to a Roth IRA?

Thanks in advance,

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