More parents may owe “nanny tax” this year, due to COVID-19

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More parents may owe “nanny tax” this year, due to COVID-19

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August 11, 2020 , , , , ,

nanny tax

In the COVID-19 era, many parents are hiring nannies and babysitters because their daycare centers and summer camps have closed. This may result in federal “nanny tax” obligations.

Keep in mind that the nanny tax may apply to all household workers, including housekeepers, babysitters, gardeners or others who aren’t independent contractors.
Continue Reading: More parents may owe “nanny tax” this year, due to COVID-19

The “nanny tax” must be paid for more than just nannies

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July 23, 2019 , ,

Nanny Tax

You may have heard of the “nanny tax.” But even if you don’t employ a nanny, it may apply to you. Hiring a housekeeper, gardener or other household employee (who isn’t an independent contractor) may make you liable for federal income and other taxes. You may also have state tax obligations.
Continue Reading: The “nanny tax” must be paid for more than just nannies