FREQUENT QUESTIONS
- What are nanny taxes?
- Why should I pay nanny taxes?
- Who is required to pay nanny taxes?
- How much do nanny taxes cost you?
- How much do nanny taxes cost your employee?
- How can I save money by paying nanny taxes?
- How can the IRS catch me if I haven't paid nanny taxes?
- When do I pay nanny taxes?
- Am I required to withhold federal and state income taxes?
- What are unemployment taxes?
- What are the penalties involved with late filing of withholding taxes?
- Can I hire an illegal alien?
- Where do I get information about preparing nanny taxes myself?
What are nanny taxes?
When you hire someone to work in your home, the government considers you an employer. As an employer you are responsible for paying employment taxes. These taxes are commonly known as "nanny taxes" and include Social Security, Medicare, state and federal unemployment tax and federal and state income tax. While these employment taxes are called "nanny taxes", they apply to all employees working in your home — babysitters, nannies, housekeepers and home health care providers.
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