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A family I babysit for occasionally - maybe once a month - texted me saying their accountant had advised them to get the SS# of all their childcare providers.
In my two nanny positions I am paid on the books so I understand the need, but they have certainly not reached the $1300 (or is it $1500) annual pay to me to require them to pay taxes. Does anyone know why they might want it and what it would mean for me and them? All I can suss out so far is that it will mean I'm required to pay taxes on what I assumed was under the table babysitting money while they wouldn't pay extra - can they use it as a deduction of credit or something? Can I refuse? |
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Tell them no and don't babysit for them anymore. Their accountant is trying to get them a tax break on your dime. You will expected to pay taxes on these odd jobs.
I would never ask that of a casual babysitter. |
| Not sure. But I would think you can refuse. They should have asked for it in the beginning and that would have let you know it wasn't under the table and you could have refused the job. I would not give it and not babysit for them anymore. |
| Refuse. Period. Do not give anyone who is not your legal, formal employer your SS#. |
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You are required to pay taxes on the babysitting income. The parents likely want to take the childcare deduction and it's a reasonable request.
You are, of course, entitled to screw over your former employers, which, based on your plan to cheat on your taxes, would seem to be what you will do. Why is it that any employer that hints at paying under the table is slammed (rightly so) but a nanny that wants to evade taxes is being encouraged to do so? |
You clearly do not know what you are talking about, and have some pretty intense anger issues. If ANYONE is paid under a certain amount, they are not required to file taxes. Obviously, this is the case here. Lay off crazy. |
Get the hell over yourself. You're accusing her of being a tax cheater? You're a low life if you can't throw a babysitter $50 for an occasional babysitting job and leave it be. |
Learn to read. She's paid on the books for two nanny jobs and is concerned about giving her ss# precisely because she wants to evade taxes. Obviously, if she would not owe taxes on this money, she wouldn't be concerned about her employers reporting it. I'm boggled by the people defending this. |
| Tell them no and don't babysit for them anymore. If they haven't paid more than the allowable amount they don't need your SS#. |
| please. corporations and the nfl etc don't lay taxes, but you wantto stock it to a nanny trying to get by? start taxing corporations, congressmen and their fat kickbacks and we won't have to harass the working poor for every last dime we can possibly squeeze out of them. f!#* the IRS. Go find a bigger fish to fry. |
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http://www.irs.gov/publications/p501/ar02.html#en_US_2013_publink1000220687
There. Let's stop arguing. There's even a handy little chart. OP probably does not owe taxes on her occasional babysitting job. |
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The OP also works as a nanny. She owes taxes based on her total income.
Which she is almost certainly aware since she is so concerned about the IRS finding out about this income. |
What's your beef? You're going after the underdog |
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Nah, I'm annoyed at the hypocrisy. An employer would get slammed on here for discussing how they intend to avoid taxes. But nannies get a free pass?
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| For me I'm more worried about identity theft. I'm I had to give out my ss # every time I took a new job making 30 bucks I would be nervous. That's a lot to ask of someone. And nannies can claim the money on their taxes as extra income. Not all cheat. |