@npierson777 and @npierson7 Can you read the link I sent above? It says you can pay your children as “household employees” to do chores around the house. If parent pays kid $1000 in cash (no taxes withheld) to do household chores around the house a year, the child has $1000 in earned income and can contribute $1000 into custodial Roth IRA. Child does not have to report the $1000 on his or her taxes in order for it to be counted as earned income. There are logs to document the work.
I think that is what the entire thread is about.
