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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 owed 700+ this year, but only because I had not begun withholding for our part-time nanny until this January. Breedlove filed the back taxes for me, and warned me of the exact amount I would owe when I filed my taxes. They also sent me the Schedule H filled out already, so I just used their calculations to verify what Turbo Tax calculated. The amounts matched exactly. Again, not your situation, as I did not pay taxes, so was paying the back taxes. Did your service provide you with a Schedule H?[/quote]
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