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Reply to "Nanny cost beyond wage - taxes "
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[quote=Anonymous][quote=Anonymous]OP, though you only asked about taxes, there are some other costs often associated with nannies as well: payroll service, workers comp (mandated in some locations but a good idea anywhere), and nanny year end bonus. Federal taxes will be a little north of 10% already so if you add in these other things you can expect about 15% on top of the weekly wages.[/quote] Yep, and DC residents also now have to pay additional taxes to cover DC's new paid leave law. We just paid our first quarter's taxes (it isn't huge, but it is yet another expense). [/quote]
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