I need help with the math. If I am paying our nanny $15 per hour, and I want to cover her share of the taxes as well, how much additional per hour should I pay her to cover taxes? |
About $2-3 per hour extra. It all depends on her allowance number. A single person will pay more in taxes than a family of 4 |
If you pay her more, she owes more taxes... Always negotiate gross numbers. |
The answer to that lies in her personal financial info and shouldn't be something you're trying to account for.
Gross up her hourly and let her handle her own tax/financial situation. If you take her to $18/hr that would probably result in her netting somewhere in the neighborhood of $15/hr. |