2013 Nevada Revised Statutes
Chapter 609 - Employment of Minors
NRS 609.450 - Net earnings defined.


NV Rev Stat § 609.450 (2013) What's This?

Net earnings means the gross earnings received for services rendered by a minor during the term of a contract, less:

1. All sums required by law to be paid as taxes to any federal, state or local government with respect to or by reason of such earnings;

2. Reasonable sums to be expended for the support, care, education, training and professional management of the minor; and

3. Reasonable fees and expenses to be paid in connection with the contract and its performance.

(Added to NRS by 2003, 1588)

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