Hired a nanny or someone else to work in your home? You may have a household employment tax obligation and need to file Schedule H with your personal tax return. Here is everything you need to know including when you need to file, how to prepare, and more.
Employed a household employee like a nanny, housekeeper or in-home senior caregiver this year? Put off your nanny tax obligations? With tax time fast approaching, tax forms and filings will be due soon. Here’s how to get caught up when you’re behind on your nanny taxes.
This may come as a surprise to some household employers but, yes, your nanny needs a W-2 at the end of the year. It’s the law. Ignoring this can land you in a heap of trouble with federal and state agencies. We’ll help you rectify this mistake.
Hiring a summer nanny means you have an employee and will need to follow applicable tax, wage, and labor laws even if it’s just temporary work.
Get your free: Complete Guide to Household Payroll
Download our free guide and find out everything you need to know about paying your employee legally and filing your taxes.
.
800-929-9213