nanny rate wth taxes

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Did you mention taxes to her? Sounds like she wants to be paid under the table.

DP but no it doesn't. It sounds like that's the amount she needs to take home in her paycheck, you know, to make ends meet.

Then nanny should be able to figure this out herself.

Exactly. This take home pay business is not how real life works.

OP, how would you feel if she arranged her taxes to have far too much taken out so that she gets a very large refund and what you thought would cost $1,00/week ended up costing $1,200? You can get an estimate of what would be withheld, generally 20-25% and offer a fair hourly rate based on that, but in absolutely no profession will you negotiate in terms net pay.

A nanny's income tax refund does not change what the employer owes. SMH.

It's not advisable to negotiate on the net pay but what's the big deal if she asks? You can try to accommodate and just be up front that you wont be able to control the final dollar amount because of tax laws. Or just offer a figure you think is fair and call it a day. The range on this thread seems to be $600-$950.

If the employer is responsible for paying her taxes it does! It is so bizarre to me that anyone would be so naive as to negotiate in terms of net pay. Again, that is not how any job works, why should nannying be any different? I am a career nanny; I work as a professional and expect to be treated as one.

[Anonymous]

Your basement bargain illegal workers don’t need to understand taxes. Most of them simply aren’t interested.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Did you mention taxes to her? Sounds like she wants to be paid under the table.

DP but no it doesn't. It sounds like that's the amount she needs to take home in her paycheck, you know, to make ends meet.

Then nanny should be able to figure this out herself.

Exactly. This take home pay business is not how real life works.

OP, how would you feel if she arranged her taxes to have far too much taken out so that she gets a very large refund and what you thought would cost $1,00/week ended up costing $1,200? You can get an estimate of what would be withheld, generally 20-25% and offer a fair hourly rate based on that, but in absolutely no profession will you negotiate in terms net pay.

A nanny's income tax refund does not change what the employer owes. SMH.

It's not advisable to negotiate on the net pay but what's the big deal if she asks? You can try to accommodate and just be up front that you wont be able to control the final dollar amount because of tax laws. Or just offer a figure you think is fair and call it a day. The range on this thread seems to be $600-$950.

If the employer is responsible for paying her taxes it does! It is so bizarre to me that anyone would be so naive as to negotiate in terms of net pay. Again, that is not how any job works, why should nannying be any different? I am a career nanny; I work as a professional and expect to be treated as one.

WRONG. By the time you're filing your tax return the employer has already collected your tax money from your paychecks and deposited it with the tax authorities for the year. Their part is done, so the amount you owe or get refunded from your return does not retroactively change their responsibility. You filled out your W4 and state tax withholding form when you were hired, right? That sets the amount the employer withholds.

You say you're a professional, but you really don't seem to understand how payroll taxes work.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Did you mention taxes to her? Sounds like she wants to be paid under the table.

DP but no it doesn't. It sounds like that's the amount she needs to take home in her paycheck, you know, to make ends meet.

Then nanny should be able to figure this out herself.

Exactly. This take home pay business is not how real life works.

OP, how would you feel if she arranged her taxes to have far too much taken out so that she gets a very large refund and what you thought would cost $1,00/week ended up costing $1,200? You can get an estimate of what would be withheld, generally 20-25% and offer a fair hourly rate based on that, but in absolutely no profession will you negotiate in terms net pay.

A nanny's income tax refund does not change what the employer owes. SMH.

It's not advisable to negotiate on the net pay but what's the big deal if she asks? You can try to accommodate and just be up front that you wont be able to control the final dollar amount because of tax laws. Or just offer a figure you think is fair and call it a day. The range on this thread seems to be $600-$950.

If the employer is responsible for paying her taxes it does! It is so bizarre to me that anyone would be so naive as to negotiate in terms of net pay. Again, that is not how any job works, why should nannying be any different? I am a career nanny; I work as a professional and expect to be treated as one.

WRONG. By the time you're filing your tax return the employer has already collected your tax money from your paychecks and deposited it with the tax authorities for the year. Their part is done, so the amount you owe or get refunded from your return does not retroactively change their responsibility. You filled out your W4 and state tax withholding form when you were hired, right? That sets the amount the employer withholds.

You say you're a professional, but you really don't seem to understand how payroll taxes work.

The employer goes into the arrangement without knowing exactly what will be paid. The OP is asking and taking a guess. The OP had been told likely around $900-1000, but that is a GUESS. What if it actually costs OP $1200 because the employee wants to set up her taxes in a way that she received a large refund. THIS OS NOT HOW ANY PROFESSION WORKS. Grow up and figure out your taxes on your own, or call your mommy, but do not expect your employer to pay your personal taxes.

[Anonymous]

Anonymous wrote:You are in the wrong forum.

$17.50 per hour is the lowest rate I've ever heard of for a good nanny in DC. Assuming it's for one kid, 40 hours per week.

No, she’s not. This is the right forum for these questions.

[Anonymous]

Anonymous wrote:Some nannies don't understand the taxes -- we had one that I had to figure gross and let her know what the net pay would be. The withholding was not enough and she owed taxes at tax time and expected me to pay what was owed. Her former employer had handled it this way so it was very complicated. She basically had no understanding of the tax system. Luckily she was very good at childcare.

This isn't the employers problem..

[Anonymous]

Just explain that you can offer an hourly rate but she has to figure out her take home pay from that ... you pay employer taxes but she pays income taxes.

I did do some back of the envelope to make sure our nanny was in the 850 take home range (2 kids, included some driving responsibilities, we didn't contribute to health insurance) but it wasn't exact. (Her tax rate was higher than I would have expected so it was an expensive couple of years.)

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Did you mention taxes to her? Sounds like she wants to be paid under the table.

DP but no it doesn't. It sounds like that's the amount she needs to take home in her paycheck, you know, to make ends meet.

Then nanny should be able to figure this out herself.

Exactly. This take home pay business is not how real life works.

OP, how would you feel if she arranged her taxes to have far too much taken out so that she gets a very large refund and what you thought would cost $1,00/week ended up costing $1,200? You can get an estimate of what would be withheld, generally 20-25% and offer a fair hourly rate based on that, but in absolutely no profession will you negotiate in terms net pay.

A nanny's income tax refund does not change what the employer owes. SMH.

It's not advisable to negotiate on the net pay but what's the big deal if she asks? You can try to accommodate and just be up front that you wont be able to control the final dollar amount because of tax laws. Or just offer a figure you think is fair and call it a day. The range on this thread seems to be $600-$950.

If the employer is responsible for paying her taxes it does! It is so bizarre to me that anyone would be so naive as to negotiate in terms of net pay. Again, that is not how any job works, why should nannying be any different? I am a career nanny; I work as a professional and expect to be treated as one.

WRONG. By the time you're filing your tax return the employer has already collected your tax money from your paychecks and deposited it with the tax authorities for the year. Their part is done, so the amount you owe or get refunded from your return does not retroactively change their responsibility. You filled out your W4 and state tax withholding form when you were hired, right? That sets the amount the employer withholds.

You say you're a professional, but you really don't seem to understand how payroll taxes work.

The employer goes into the arrangement without knowing exactly what will be paid. The OP is asking and taking a guess. The OP had been told likely around $900-1000, but that is a GUESS. What if it actually costs OP $1200 because the employee wants to set up her taxes in a way that she received a large refund. THIS OS NOT HOW ANY PROFESSION WORKS. Grow up and figure out your taxes on your own, or call your mommy, but do not expect your employer to pay your personal taxes.

I have no idea what you're talking about. No part of this scenario makes a lick of sense. Hopefully you know that and are just being argumentative.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Did you mention taxes to her? Sounds like she wants to be paid under the table.

DP but no it doesn't. It sounds like that's the amount she needs to take home in her paycheck, you know, to make ends meet.

Then nanny should be able to figure this out herself.

Exactly. This take home pay business is not how real life works.

OP, how would you feel if she arranged her taxes to have far too much taken out so that she gets a very large refund and what you thought would cost $1,00/week ended up costing $1,200? You can get an estimate of what would be withheld, generally 20-25% and offer a fair hourly rate based on that, but in absolutely no profession will you negotiate in terms net pay.

A nanny's income tax refund does not change what the employer owes. SMH.

It's not advisable to negotiate on the net pay but what's the big deal if she asks? You can try to accommodate and just be up front that you wont be able to control the final dollar amount because of tax laws. Or just offer a figure you think is fair and call it a day. The range on this thread seems to be $600-$950.

If the employer is responsible for paying her taxes it does! It is so bizarre to me that anyone would be so naive as to negotiate in terms of net pay. Again, that is not how any job works, why should nannying be any different? I am a career nanny; I work as a professional and expect to be treated as one.

WRONG. By the time you're filing your tax return the employer has already collected your tax money from your paychecks and deposited it with the tax authorities for the year. Their part is done, so the amount you owe or get refunded from your return does not retroactively change their responsibility. You filled out your W4 and state tax withholding form when you were hired, right? That sets the amount the employer withholds.

You say you're a professional, but you really don't seem to understand how payroll taxes work.

The employer goes into the arrangement without knowing exactly what will be paid. The OP is asking and taking a guess. The OP had been told likely around $900-1000, but that is a GUESS. What if it actually costs OP $1200 because the employee wants to set up her taxes in a way that she received a large refund. THIS OS NOT HOW ANY PROFESSION WORKS. Grow up and figure out your taxes on your own, or call your mommy, but do not expect your employer to pay your personal taxes.

I have no idea what you're talking about. No part of this scenario makes a lick of sense. Hopefully you know that and are just being argumentative.

I understand that it may not make “a lick of sense” to you, obviously neither do taxes. You do the math and help me then. If nanny is working 40 hours per week and wants $700 net pay, what is her hourly pay? Please help make sense if this for me!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Did you mention taxes to her? Sounds like she wants to be paid under the table.

DP but no it doesn't. It sounds like that's the amount she needs to take home in her paycheck, you know, to make ends meet.

Then nanny should be able to figure this out herself.

Exactly. This take home pay business is not how real life works.

OP, how would you feel if she arranged her taxes to have far too much taken out so that she gets a very large refund and what you thought would cost $1,00/week ended up costing $1,200? You can get an estimate of what would be withheld, generally 20-25% and offer a fair hourly rate based on that, but in absolutely no profession will you negotiate in terms net pay.

A nanny's income tax refund does not change what the employer owes. SMH.

It's not advisable to negotiate on the net pay but what's the big deal if she asks? You can try to accommodate and just be up front that you wont be able to control the final dollar amount because of tax laws. Or just offer a figure you think is fair and call it a day. The range on this thread seems to be $600-$950.

If the employer is responsible for paying her taxes it does! It is so bizarre to me that anyone would be so naive as to negotiate in terms of net pay. Again, that is not how any job works, why should nannying be any different? I am a career nanny; I work as a professional and expect to be treated as one.

WRONG. By the time you're filing your tax return the employer has already collected your tax money from your paychecks and deposited it with the tax authorities for the year. Their part is done, so the amount you owe or get refunded from your return does not retroactively change their responsibility. You filled out your W4 and state tax withholding form when you were hired, right? That sets the amount the employer withholds.

You say you're a professional, but you really don't seem to understand how payroll taxes work.

The employer goes into the arrangement without knowing exactly what will be paid. The OP is asking and taking a guess. The OP had been told likely around $900-1000, but that is a GUESS. What if it actually costs OP $1200 because the employee wants to set up her taxes in a way that she received a large refund. THIS OS NOT HOW ANY PROFESSION WORKS. Grow up and figure out your taxes on your own, or call your mommy, but do not expect your employer to pay your personal taxes.

I have no idea what you're talking about. No part of this scenario makes a lick of sense. Hopefully you know that and are just being argumentative.

I understand that it may not make “a lick of sense” to you, obviously neither do taxes. You do the math and help me then. If nanny is working 40 hours per week and wants $700 net pay, what is her hourly pay? Please help make sense if this for me!

No one can tell you unless you provide a W4 and pre and post tax deductions.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Did you mention taxes to her? Sounds like she wants to be paid under the table.

DP but no it doesn't. It sounds like that's the amount she needs to take home in her paycheck, you know, to make ends meet.

Then nanny should be able to figure this out herself.

Exactly. This take home pay business is not how real life works.

OP, how would you feel if she arranged her taxes to have far too much taken out so that she gets a very large refund and what you thought would cost $1,00/week ended up costing $1,200? You can get an estimate of what would be withheld, generally 20-25% and offer a fair hourly rate based on that, but in absolutely no profession will you negotiate in terms net pay.

A nanny's income tax refund does not change what the employer owes. SMH.

It's not advisable to negotiate on the net pay but what's the big deal if she asks? You can try to accommodate and just be up front that you wont be able to control the final dollar amount because of tax laws. Or just offer a figure you think is fair and call it a day. The range on this thread seems to be $600-$950.

If the employer is responsible for paying her taxes it does! It is so bizarre to me that anyone would be so naive as to negotiate in terms of net pay. Again, that is not how any job works, why should nannying be any different? I am a career nanny; I work as a professional and expect to be treated as one.

WRONG. By the time you're filing your tax return the employer has already collected your tax money from your paychecks and deposited it with the tax authorities for the year. Their part is done, so the amount you owe or get refunded from your return does not retroactively change their responsibility. You filled out your W4 and state tax withholding form when you were hired, right? That sets the amount the employer withholds.

You say you're a professional, but you really don't seem to understand how payroll taxes work.

The employer goes into the arrangement without knowing exactly what will be paid. The OP is asking and taking a guess. The OP had been told likely around $900-1000, but that is a GUESS. What if it actually costs OP $1200 because the employee wants to set up her taxes in a way that she received a large refund. THIS OS NOT HOW ANY PROFESSION WORKS. Grow up and figure out your taxes on your own, or call your mommy, but do not expect your employer to pay your personal taxes.

I have no idea what you're talking about. No part of this scenario makes a lick of sense. Hopefully you know that and are just being argumentative.

I understand that it may not make “a lick of sense” to you, obviously neither do taxes. You do the math and help me then. If nanny is working 40 hours per week and wants $700 net pay, what is her hourly pay? Please help make sense if this for me!

No one can tell you unless you provide a W4 and pre and post tax deductions.

Ding! Ding! Ding! And who in the world hires someone without FIRST discussing salary?!? This is NOT how the world works, dear. You can make a guess, spend all your time prepping to hire this person, then find out that it will actually cost significantly more than you thought. But by then, you’ve already hired the nanny and will have to fire her if you don’t want to pay the actual cost. It is a ludicrous thought process.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Did you mention taxes to her? Sounds like she wants to be paid under the table.

DP but no it doesn't. It sounds like that's the amount she needs to take home in her paycheck, you know, to make ends meet.

Then nanny should be able to figure this out herself.

Exactly. This take home pay business is not how real life works.

OP, how would you feel if she arranged her taxes to have far too much taken out so that she gets a very large refund and what you thought would cost $1,00/week ended up costing $1,200? You can get an estimate of what would be withheld, generally 20-25% and offer a fair hourly rate based on that, but in absolutely no profession will you negotiate in terms net pay.

A nanny's income tax refund does not change what the employer owes. SMH.

It's not advisable to negotiate on the net pay but what's the big deal if she asks? You can try to accommodate and just be up front that you wont be able to control the final dollar amount because of tax laws. Or just offer a figure you think is fair and call it a day. The range on this thread seems to be $600-$950.

If the employer is responsible for paying her taxes it does! It is so bizarre to me that anyone would be so naive as to negotiate in terms of net pay. Again, that is not how any job works, why should nannying be any different? I am a career nanny; I work as a professional and expect to be treated as one.

WRONG. By the time you're filing your tax return the employer has already collected your tax money from your paychecks and deposited it with the tax authorities for the year. Their part is done, so the amount you owe or get refunded from your return does not retroactively change their responsibility. You filled out your W4 and state tax withholding form when you were hired, right? That sets the amount the employer withholds.

You say you're a professional, but you really don't seem to understand how payroll taxes work.

The employer goes into the arrangement without knowing exactly what will be paid. The OP is asking and taking a guess. The OP had been told likely around $900-1000, but that is a GUESS. What if it actually costs OP $1200 because the employee wants to set up her taxes in a way that she received a large refund. THIS OS NOT HOW ANY PROFESSION WORKS. Grow up and figure out your taxes on your own, or call your mommy, but do not expect your employer to pay your personal taxes.

I have no idea what you're talking about. No part of this scenario makes a lick of sense. Hopefully you know that and are just being argumentative.

I understand that it may not make “a lick of sense” to you, obviously neither do taxes. You do the math and help me then. If nanny is working 40 hours per week and wants $700 net pay, what is her hourly pay? Please help make sense if this for me!

No one can tell you unless you provide a W4 and pre and post tax deductions.

Ding! Ding! Ding! And who in the world hires someone without FIRST discussing salary?!? This is NOT how the world works, dear. You can make a guess, spend all your time prepping to hire this person, then find out that it will actually cost significantly more than you thought. But by then, you’ve already hired the nanny and will have to fire her if you don’t want to pay the actual cost. It is a ludicrous thought process.

It won't cost significantly more than you thought. That's the part that you don't get.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Did you mention taxes to her? Sounds like she wants to be paid under the table.

DP but no it doesn't. It sounds like that's the amount she needs to take home in her paycheck, you know, to make ends meet.

Then nanny should be able to figure this out herself.

Exactly. This take home pay business is not how real life works.

OP, how would you feel if she arranged her taxes to have far too much taken out so that she gets a very large refund and what you thought would cost $1,00/week ended up costing $1,200? You can get an estimate of what would be withheld, generally 20-25% and offer a fair hourly rate based on that, but in absolutely no profession will you negotiate in terms net pay.

A nanny's income tax refund does not change what the employer owes. SMH.

It's not advisable to negotiate on the net pay but what's the big deal if she asks? You can try to accommodate and just be up front that you wont be able to control the final dollar amount because of tax laws. Or just offer a figure you think is fair and call it a day. The range on this thread seems to be $600-$950.

If the employer is responsible for paying her taxes it does! It is so bizarre to me that anyone would be so naive as to negotiate in terms of net pay. Again, that is not how any job works, why should nannying be any different? I am a career nanny; I work as a professional and expect to be treated as one.

WRONG. By the time you're filing your tax return the employer has already collected your tax money from your paychecks and deposited it with the tax authorities for the year. Their part is done, so the amount you owe or get refunded from your return does not retroactively change their responsibility. You filled out your W4 and state tax withholding form when you were hired, right? That sets the amount the employer withholds.

You say you're a professional, but you really don't seem to understand how payroll taxes work.

The employer goes into the arrangement without knowing exactly what will be paid. The OP is asking and taking a guess. The OP had been told likely around $900-1000, but that is a GUESS. What if it actually costs OP $1200 because the employee wants to set up her taxes in a way that she received a large refund. THIS OS NOT HOW ANY PROFESSION WORKS. Grow up and figure out your taxes on your own, or call your mommy, but do not expect your employer to pay your personal taxes.

I have no idea what you're talking about. No part of this scenario makes a lick of sense. Hopefully you know that and are just being argumentative.

I understand that it may not make “a lick of sense” to you, obviously neither do taxes. You do the math and help me then. If nanny is working 40 hours per week and wants $700 net pay, what is her hourly pay? Please help make sense if this for me!

No one can tell you unless you provide a W4 and pre and post tax deductions.

Ding! Ding! Ding! And who in the world hires someone without FIRST discussing salary?!? This is NOT how the world works, dear. You can make a guess, spend all your time prepping to hire this person, then find out that it will actually cost significantly more than you thought. But by then, you’ve already hired the nanny and will have to fire her if you don’t want to pay the actual cost. It is a ludicrous thought process.

It won't cost significantly more than you thought. That's the part that you don't get.

Employers do not pay empower taxes, that is the part that you don’t get.