Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:
How would he/she know what her compensation was for the portion of the year she was? And, no, you won't get audited - she wouldn't be on Schedule H of your return. She would be listed as a childcare provider in the deduction portion by name and SSN.
pretty easy. $200 * number of weeks she has worked.
you are overcomplicating things. I've been in the program 7 years and don't know anyone who has ever issued a W-2 or 1099 or any paperwork.
No need for a W2.
Number of weeks x the amount you paid ($195.75 or $200 or $250....etc) is put in the income box. That is it.
Also the educational credit.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:
How would he/she know what her compensation was for the portion of the year she was? And, no, you won't get audited - she wouldn't be on Schedule H of your return. She would be listed as a childcare provider in the deduction portion by name and SSN.
pretty easy. $200 * number of weeks she has worked.
you are overcomplicating things. I've been in the program 7 years and don't know anyone who has ever issued a W-2 or 1099 or any paperwork.
No need for a W2.
Number of weeks x the amount you paid ($195.75 or $200 or $250....etc) is put in the income box. That is it.
Also the educational credit.
Anonymous wrote:Anonymous wrote:Anonymous wrote:
How would he/she know what her compensation was for the portion of the year she was? And, no, you won't get audited - she wouldn't be on Schedule H of your return. She would be listed as a childcare provider in the deduction portion by name and SSN.
pretty easy. $200 * number of weeks she has worked.
you are overcomplicating things. I've been in the program 7 years and don't know anyone who has ever issued a W-2 or 1099 or any paperwork.
No need for a W2.
Number of weeks x the amount you paid ($195.75 or $200 or $250....etc) is put in the income box. That is it.
Anonymous wrote:Anonymous wrote:
How would he/she know what her compensation was for the portion of the year she was? And, no, you won't get audited - she wouldn't be on Schedule H of your return. She would be listed as a childcare provider in the deduction portion by name and SSN.
pretty easy. $200 * number of weeks she has worked.
you are overcomplicating things. I've been in the program 7 years and don't know anyone who has ever issued a W-2 or 1099 or any paperwork.
Anonymous wrote:No longer a HF, but how are the APs meeting the minimum required for filing? Isn't it like $12,000 for 2018? ($200 x 52 = 10,400). They aren't allowed to work elsewhere, right? Are you all paying more than the stipend?
Anonymous wrote:No longer a HF, but how are the APs meeting the minimum required for filing? Isn't it like $12,000 for 2018? ($200 x 52 = 10,400). They aren't allowed to work elsewhere, right? Are you all paying more than the stipend?
Anonymous wrote:
How would he/she know what her compensation was for the portion of the year she was? And, no, you won't get audited - she wouldn't be on Schedule H of your return. She would be listed as a childcare provider in the deduction portion by name and SSN.
Anonymous wrote:Anonymous wrote:However, you can give her a W-2, because she needs to file taxes and she may not understand the Jan-April nature of what part of her year or years she needs to pay on, you would include the educational payment in compensation, along with any other money expended, e.g., reimbursement for phone, gym, etc.
No, this is wrong. Do not provide a W-2. AP is a non-resident. By filing a W-2, IRS may mistakenly think she is subject to employment taxes (FICA, Medicare), which she is not. This would increase your risk of audit by IRS.
Anonymous wrote:However, you can give her a W-2, because she needs to file taxes and she may not understand the Jan-April nature of what part of her year or years she needs to pay on, you would include the educational payment in compensation, along with any other money expended, e.g., reimbursement for phone, gym, etc.