Tax facts when hiring a nanny
Tax facts when hiring a nanny
Jun 20, 2017
moneysense.ca
Nanny Taxes & Payroll
Nanny Taxes & Payroll
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Do you pay someone to help at home? You may be considered a household employer under IRS rules. If you set hours, pay, or duties for a nanny, caregiver, or housekeeper, they’re an employee, not an independent contractor, and you’ll need to issue a W-2 at tax time. Once you pay $1,000 in a quarter or $2,800 in a year, payroll taxes apply. | Poppins Payroll | Facebook
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FacebookPoppins Payroll
Do you pay someone to help at home? You may be considered a household employer under IRS rules. If you set hours, pay, or duties for a nanny, caregiver, or housekeeper, they’re an employee, not an independent contractor, and you’ll need to issue a W-2 at tax time. Once you pay $1,000 in a quarter or $2,800 in a year, payroll taxes apply. | Poppins Payroll
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