2019 Nanny Tax Threshold Remains Unchanged
The SSA released its 2019 nanny tax threshold. Next year’s coverage threshold for household employees remains at $2,100, which is unchanged from 2018.
The SSA released its 2019 nanny tax threshold. Next year’s coverage threshold for household employees remains at $2,100, which is unchanged from 2018.
If a household worker, such as a nanny or housekeeper, earns $2,100 or more in cash wages in 2018, Social Security and Medicare taxes, commonly referred to as “nanny taxes,” must be paid by the family and the employee.