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Reply to "Can I employ my mental illness challenged adult child?"
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[quote=Anonymous]As an employer you pay your half of social security and medicare tax by withholding and he pays his when he files taxes or you have that done for him. As a contractor he pays all of it and should file estimated quarterly taxes to avoid a penalty. You figure those based on earnings. Either requires him to do something taxwise. Get an accountant to explain choices. [/quote]
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