Standard deductions for live in nanny

[Anonymous]

Can someone tell me what can be deducted for food, room and board etc.?

We’d like to offer a live in position for 35 hours a week for $500 per week?

Is that reasonable or should we increase given the deductions?

[Anonymous]

If her job requires that she live in you cannot deduct anything!

[Anonymous]

That’s not true. You can deduct standard room and board and food.

[Anonymous]

Anonymous wrote:That’s not true. You can deduct standard room and board and food.

Not if the job requires that she live in!

[Anonymous]

Anonymous wrote:That’s not true. You can deduct standard room and board and food.

Apparently, you are either stupid or ill-,informed. Here is a link.

https://www.nannycounsel.com/blog/why-your-live-in-nanny-shouldnt-pay-for-room-board

[Anonymous]

You can take standard deductions for domestic employees.

Google the IRS guidelines.

[Anonymous]

Anonymous wrote:You can take standard deductions for domestic employees.

Google the IRS guidelines.

If living in is provided as a convenience for the nanny and is not conditional to being hired. If you require a live-in, no deductions to her check, but you can write off certain things for yourself.

[Anonymous]

I thought that room + board already means food.

Isn’t that what “board” means....??

[Anonymous]

Nanny needs to make lots of sacrifices if she agrees to live-in.

[Anonymous]

Anonymous wrote:That’s not true. You can deduct standard room and board and food.

You are stupid as Board IS FOOD!

[Anonymous]

Anonymous wrote:Nanny needs to make lots of sacrifices if she agrees to live-in.

A nanny who doesn’t think living in is a benefit to her shouldn’t take that job.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Nanny needs to make lots of sacrifices if she agrees to live-in.

A nanny who doesn’t think living in is a benefit to her shouldn’t take that job.

I live-in exclusively, because I take positions that require it. Parents travel, work wonky hours or are on call. Per the IRS, there is no deduction, since they need live-in care. Someone who needs 16+ hours per day needs a live-in. Those parents never quibble and try to make the nanny take deductions.

This question only arises when parents need normal hours, want a nanny for just themselves and yet want to pay a fraction of what they would have to pay a live-out nanny. Per the IRS, the only way that family can do deductions from the nanny’s salary is if they offer both live-in and live-out, and the nanny chooses live-in for her convenience.

[Anonymous]

Anonymous wrote:Can someone tell me what can be deducted for food, room and board etc.?

We’d like to offer a live in position for 35 hours a week for $500 per week?

Is that reasonable or should we increase given the deductions?

That comes to $14.28 per hour. For that, you can get a nanny with very little experience who doesn’t need to live-in (who may choose to go home on weekends) or you might find a nanny with decent experience, but who needs to bring a child and needs a place to live. In the first example, no deductions, living in is a condition of the job. Second example, you can write off room (the amount for which the room can be rented, and you need proof of value in case you have to discuss with IRS) and board (no clue what the amount you can deduct would be, so contact an accounting firm specializing in live-in domestic help).