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[quote=Anonymous][quote=Anonymous][quote=Anonymous]most part-time fams don't pay taxes. [/quote]

Ok that makes sense.  So help me work through this situation and how payment would work:

FT family pays nanny $15/hr, with time 1/2 for over 40 hours.  FT family continues to remit taxes etc, just as we've done all along, for that $15/hr amount.
PT family will share 3 days week.  We agree nanny will be paid $22/hr for those days.

How would PT family remit payment to nanny?  Obviously they can't just pay her $7/hr ($22-normal $15 rate).  Would they pay her $7/hr, and then pay us separately some agreed upon amount?[/quote]

The PT family needs to pay taxes. They would pay Nanny directly, and withhold taxes from the $11/hour they pay her.

And as far as all the crazy math for vacations, the simple way to handle that is to offer guaranteed hours, meaning both families pay Nanny her contracted rate 52 weeks/year. I can break the math down when I am using my PC.

Your concern about whether your savings will be enough to bring in a share partner will be matched by your nanny's concern that the additional income will not be sufficient for the additional work. Her income will increase by $210 gross/week. Your cost will decrease by $120/week.

That doesn't seem worth the headache for you or your Nanny.[/quote]

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