Family members employed by a sole proprietor or a partnership may be eligible for special tax treatment.
Relationship to Sole Proprietor (Owner) |
Exempt From |
Taxable For |
Spouse of |
FUTA |
FICA Withholding |
Child of |
FICA - until age 18 |
Income Tax Withholding |
Parent of |
FUTA |
FICA |
Relationship to Sole Proprietor (Owner) |
Exempt From |
Taxable For |
Spouse of |
N/A |
Withholding FICA |
Child of both partners |
FICA - until age 18 |
Income Tax Withholding |
Parent of |
FUTA |
FICA |
There may also be special tax treatment for household employers who employ family members. Refer to the IRS publication at the following web address for more information:
http://www.irs.gov/pub/irs-pdf/p926.pdf