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Employer Issues
Reply to "why are my taxes going up when I report nanny wages?"
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[quote=Anonymous]I'm probably being stupid about this, but I don't get it... On TurboTax, on the screen to enter wages paid to the nanny, as soon as I do that my owed federal taxes shoot up. On an earlier screen I have already reported the quarterly payments that we sent in across the year last year. So, is it basically telling me at this point that we didn't pay enough? those were estimated by one of those nanny tax processing companies. any thoughts? [/quote]
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