You're better off talking to your bank. Most people here are going to be US/Canada/UK/Australia based. All of which have wildly different tax regulations. No one's going to be able to tell you about finland
I entered an EEP gelding into a level 2 dressage event. 2 of the 3 stats for dressage are at five bars, the other at 4. Do you think he'll be in the green?
In most cases though the income is their own and they'll need to file if they earn over a certain amount. They can just be claimed as a dependent by the parents. Reallyyy depends though.
It all really depends on the state. Each one is diff. Like in my state, if its under the table. (cash) we dont have to pay anything bc its not accounted for under a W2 or tracable. If its a venmo, paypal, cashapp, ex. As long as it is under an amount, its not taxed and they pay it as Friends/Family.
yeah that's gonna vary based on state regulations. if you can't get an accountant, maybe ask someone at the bank directly, they'll at least be able to point you in a better direction
if she has her own bank account, the taxes would likely be hers, especially if it's her own earnings under her name. but an accountant would be the best thing to go through
I have a question about taxes, my minor sister has a bank account and the kids don't have to pay taxes, so if she were to earn money, say around 1k a month, would that count as my parents' earnings, in which case it would be added to my parents' taxes or not?