Is anyone aware of a resource that lists exactly what is considered income for a kid for Roth IRA contributions? It seems to be somewhat of a gray area. For example, I just read that babysitting siblings is not considered income, but babysitting cousins/neighbors is. That doesn't make sense to me. I get the concept of not paying for chores, but babysitting seems outside the realm of a chore. In my case, my son is only seven, so he would fall more under the line of "mother's helper", entertaining the sibling while the parent works. Based on the above logic, this would be acceptable if my neighbor hired him, but not if I hired him.