Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Roth IRAs for Kids"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous]You don't necessarily need w-2 for income. Just keep records of how that money was earned - babysitting, dog walking...etc. [/quote] +1. My son has had a house sitting business since he was 10. He leaves an invoice with his clients when he drops off their mail. If we’re audited for his Roth, we’ll use the invoices as proof. He also gets paid to participate in a couple of NIH studies and we’ll use the emails they provide as proof for the money they pay via gift card. He does file taxes on the income because along with reffing, he makes a pretty tidy sum for being 14.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
