What Turbotax for nanny taxes?
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Anonymous
| This is my first year filing taxes with a nanny. I bouht the Deluxe version and finally figured out how to enter the FICA/unemployment I've paid. However, I paid for the nanny's parking and I know that can be deducted. However, I just can't find where to enter this info. Any help? what do you guys use for filing your taxes with a nanny? do I need to upgrade to the small business version? |
Anonymous
| I would say yes, you need to upgrade. You may even have to file slightly different forms because you're doing more than FICA and withholding which can be done on your personal return. |
Anonymous
| I used Deluxe, but we only had FICA and unemployment so that covered it. |
Anonymous
| You cannot deduct your nanny's parking, or other benefits, from your personal income. |