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?
Where do I get information about preparing nanny taxes myself?
If you want to prepare your nanny taxes:
- Consult IRS publications 926 and 15, known as Circular E. This publication explains the federal laws and tax forms. The IRS estimates it takes 8 hours to complete federal nanny tax forms.
- Contact your state taxation or revenue department for information about the state income tax laws and forms to complete. The time to complete state unemployment and income tax forms varies by state.
- Contact your state department of unemployment regarding their filing requirements.
