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Janice
Sweet Jessie Quinn
Member since 5/05 27567 total posts
Name:
Janice
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Does anybody claim their daily babysitter on their taxes?
The lady who's boy I watch wants to make the transistion to start.
Not sure how I feel about this.
tia!
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Posted 4/2/08 6:15 PM  |
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rose825
Best Friends
Member since 6/05 10228 total posts
Name:
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Re: Does anybody claim their daily babysitter on their taxes?
no way! You will get the raw end of that deal.
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| Posted 4/2/08 6:18 PM |
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ddunne2
LIF Adult
Member since 7/05 4189 total posts
Name:
Doreen
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Re: Does anybody claim their daily babysitter on their taxes?
So in other words your "off the books" job will soon be "on the books"? UGH!
If that is the case I would negotiate a new salary so taking into account your new tax liability.
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| Posted 4/2/08 6:30 PM |
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2girlsforme
LIF Adult
Member since 8/06 3071 total posts
Name:
XXXXXXXXX
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Re: Does anybody claim their daily babysitter on their taxes?
Posted by ddunne2
So in other words your "off the books" job will soon be "on the books"? UGH!
If that is the case I would negotiate a new salary so taking into account your new tax liability.
I think this is the answer. She probably just had her taxes done and is sorry she couldn't take the deduction. But, that's not your problem. I would simply raise my salary requirements telling her that the rate we are currently at didn't take taxes into account. GL
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| Posted 4/2/08 6:43 PM |
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monkeybride
My Everything
Member since 5/05 20541 total posts
Name:
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Re: Does anybody claim their daily babysitter on their taxes?
Posted by 2girlsforme
Posted by ddunne2
So in other words your "off the books" job will soon be "on the books"? UGH!
If that is the case I would negotiate a new salary so taking into account your new tax liability.
I think this is the answer. She probably just had her taxes done and is sorry she couldn't take the deduction. But, that's not your problem. I would simply raise my salary requirements telling her that the rate we are currently at didn't take taxes into account. GL
I agree.
I also believe she has to pay in to your Social Security and Medicare taxes if she does this. I'm not positive though.
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| Posted 4/2/08 7:09 PM |
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Re: Does anybody claim their daily babysitter on their taxes?
You should absolutely ask for a raise to make the transition. Having said that, personally I believe that going on the books is to your advantage. Off the books income is great in the short term but if you get hurt or become disabled either on or off the job, you are SOL. Find out if she will pay you on a W-2, which would mean that she pays unemployment insurance and workers' comp. insurance and puts aside money for Social Security or is she paying you on a 1099, which means it is up to you to pay the taxes.
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| Posted 4/2/08 7:14 PM |
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nadia
My two Girls=)
Member since 7/07 1421 total posts
Name:
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Re: Does anybody claim their daily babysitter on their taxes?
I have a daily babysitter and don't plan on claiming her on the taxes---b/c in the end it will screw her (the babysitter). We calculated it out and it won't be that much of a difference since she gives us a great deal as far as price.
You should definately try to charge her more then!
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| Posted 4/2/08 7:14 PM |
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EmmaNick
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Member since 12/06 16001 total posts
Name:
*
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Re: Does anybody claim their daily babysitter on their taxes?
I would tell you have to charge more. My sister used to babysit a lot and if they were claiming it on their taxes, she just charged them more. If not, the rate was less.
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| Posted 4/2/08 7:45 PM |
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nbc188
Best friends!
Member since 12/06 23090 total posts
Name:
C
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Re: Does anybody claim their daily babysitter on their taxes?
I agree with everyone else. She'll have to pay more. Maybe you can speak to a financial person and see how much more you should be charging b/c of the tax situation?
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| Posted 4/2/08 7:51 PM |
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Salason
♥
Member since 6/05 9878 total posts
Name:
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Re: Does anybody claim their daily babysitter on their taxes?
Posted by monkeybride
I agree.
I also believe she has to pay in to your Social Security and Medicare taxes if she does this. I'm not positive though.
I believe this is true. I am not doing this with my nanny because I'd have to pay more to justify her working for me which would negate the tax benefit.
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| Posted 4/2/08 8:47 PM |
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