These benefits are due to the death of a parent.
2007-03-30 01:45:16 · 4 answers · asked by QUIETWATER 1 in Business & Finance ➔ Taxes ➔ United States
Social security benefits include monthly survivor and disability benefits. They do not include supplemental security income (SSI) payments, which are not taxable.
The portion attributed to the children is not taxable to them nor is it taxable income to you,
No SSA 1099 will be issued to you or reported to the IRS
Publication 915
http://www.irs.gov/publications/p915/index.html
2007-03-30 02:07:32 · answer #1 · answered by Anonymous · 3⤊ 0⤋
If you get a 1099-SSA that shows the income, then you'll need to report it on the return of the recipient.
2007-03-30 09:43:15 · answer #2 · answered by Anonymous · 0⤊ 2⤋
Nobody's. That's not taxable income.
2007-03-30 10:34:26 · answer #3 · answered by Bostonian In MO 7 · 1⤊ 0⤋
your children can't earn income. Don't report it. It is not an income
2007-03-30 08:47:32 · answer #4 · answered by cjordan23 3 · 0⤊ 3⤋