Teenager Starting Business- How to set up taxes
by Berry Mom, Window Shopper
- Created: February 22, 2014, 1:15 pm
- Updated: February 22, 2014, 1:23 pm
My teenage daughter is starting a business selling plants at farmers markets. The market is requiring that she has a Tax ID#. I called our state's Dept of Revenue and found out that she cannot have a Tax ID# until she is 18, so the paper work needs to be filed in my name. She should make at least $2000 this year. I do not want to claim her income on my taxes. Any ideas on how to set this up would be appreciated. Thank you.
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