Anonymous
Post 02/06/2017 13:51     Subject: Nannies, what did you make (gross) last year?
OK. Then why do I keep hearing that nannies can't live on $15-$20/hr. That's what all these gross W2s come to here, except for the $100K outlier with the crazy hours.
Anonymous
Post 02/06/2017 13:46     Subject: Nannies, what did you make (gross) last year?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:I just got my W2.

I made about 46,000 before taxes. I work about 45hr a week.


How do you feel about this? Are you covering your bills?


Some paralegals and analysts (college degree required in most cases) in the federal government start at a GS 7, which is less than $46k. Many of them don't get paid overtime, though they can get time off - to be used during non-busy times, at the supervisors' discretion. No one asks them if they can cover the bills...


$46k is around what I make as a newish teacher with a Master's degree.
Anonymous
Post 02/06/2017 12:24     Subject: Nannies, what did you make (gross) last year?
$72,000
Anonymous
Post 02/05/2017 00:27     Subject: Nannies, what did you make (gross) last year?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:I just got my W2.

I made about 46,000 before taxes. I work about 45hr a week.


How do you feel about this? Are you covering your bills?


Some paralegals and analysts (college degree required in most cases) in the federal government start at a GS 7, which is less than $46k. Many of them don't get paid overtime, though they can get time off - to be used during non-busy times, at the supervisors' discretion. No one asks them if they can cover the bills...


+1

And since most of those jobs require a degree, so it also means they are paying off hefty school loans on their salaries.
Anonymous
Post 02/04/2017 20:43     Subject: Nannies, what did you make (gross) last year?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:40,800 ugh I need a raise because this includes my bonus




Is not supost to do taxes included your bonus,bonus is a gift!



My bonus from one of my nanny jobs is taxed. It is prepared by the business manager. It is two weeks salary so I don't mind.



Bonuses are taxed.

The Percentage Method. The IRS specifies a flat “supplemental rate” of 25%, meaning that any supplemental wages (including bonuses) should be taxed in that amount. If you receive a $5,000 bonus, under this rule, $1,250 (25% of $5,000) goes straight to the IRS.


Unless the employers declare it a gift - gifts under a certain amount are not taxed.


Employers can't legally give valuable gifts to their employees. Not saying it's not common, but legally bonuses are taxed.
Anonymous
Post 02/04/2017 19:30     Subject: Nannies, what did you make (gross) last year?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:40,800 ugh I need a raise because this includes my bonus




Is not supost to do taxes included your bonus,bonus is a gift!



My bonus from one of my nanny jobs is taxed. It is prepared by the business manager. It is two weeks salary so I don't mind.



Bonuses are taxed.

The Percentage Method. The IRS specifies a flat “supplemental rate” of 25%, meaning that any supplemental wages (including bonuses) should be taxed in that amount. If you receive a $5,000 bonus, under this rule, $1,250 (25% of $5,000) goes straight to the IRS.


Unless the employers declare it a gift - gifts under a certain amount are not taxed.
Anonymous
Post 02/04/2017 19:27     Subject: Nannies, what did you make (gross) last year?
Anonymous wrote:
Anonymous wrote:I just got my W2.

I made about 46,000 before taxes. I work about 45hr a week.


How do you feel about this? Are you covering your bills?


Some paralegals and analysts (college degree required in most cases) in the federal government start at a GS 7, which is less than $46k. Many of them don't get paid overtime, though they can get time off - to be used during non-busy times, at the supervisors' discretion. No one asks them if they can cover the bills...
Anonymous
Post 02/04/2017 19:21     Subject: Nannies, what did you make (gross) last year?
Anonymous wrote:
Anonymous wrote:$105,000 after 2 raises working 92 hours a week.



I don't know how you do 92 hours, PP. I am the nanny above who works 61 hours and it is kicking my ass! I am so tired... Any secrets?


Np. I work 24/7, not disclosing my gross. It's simple for me: all the playing feeds me energy, so as long as there's more fun than not, I don't burn out.
Anonymous
Post 02/04/2017 19:07     Subject: Nannies, what did you make (gross) last year?
Why would anyone declare a cash bonus to IRS? Doesn't sound very smart expecially for us nannies making so little. Let them tax people getting tens of thousands in bonuses and profit sharing. Heck even the president refuses to pay or show his taxes smh.
Anonymous
Post 02/04/2017 17:45     Subject: Nannies, what did you make (gross) last year?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:40,800 ugh I need a raise because this includes my bonus




Is not supost to do taxes included your bonus,bonus is a gift!



My bonus from one of my nanny jobs is taxed. It is prepared by the business manager. It is two weeks salary so I don't mind.



Bonuses are taxed.

The Percentage Method. The IRS specifies a flat “supplemental rate” of 25%, meaning that any supplemental wages (including bonuses) should be taxed in that amount. If you receive a $5,000 bonus, under this rule, $1,250 (25% of $5,000) goes straight to the IRS.
Anonymous
Post 02/04/2017 17:32     Subject: Nannies, what did you make (gross) last year?
Anonymous wrote:
Anonymous wrote:40,800 ugh I need a raise because this includes my bonus




Is not supost to do taxes included your bonus,bonus is a gift!



My bonus from one of my nanny jobs is taxed. It is prepared by the business manager. It is two weeks salary so I don't mind.
Anonymous
Post 02/04/2017 09:27     Subject: Nannies, what did you make (gross) last year?
Anonymous wrote:
Anonymous wrote:40,800 ugh I need a raise because this includes my bonus




Is not supost to do taxes included your bonus,bonus is a gift!


The request for information was gross - the amount before taxes. Just because the bonus was included (as it contributes to the gross income) does not mean it was taxed.
Anonymous
Post 02/04/2017 08:29     Subject: Nannies, what did you make (gross) last year?
Anonymous wrote:40,800 ugh I need a raise because this includes my bonus




Is not supost to do taxes included your bonus,bonus is a gift!
Anonymous
Post 02/04/2017 01:46     Subject: Nannies, what did you make (gross) last year?
92,000 for last year, I work 45 to 50 hrs week, but that was only 10 months of work with them. My 1 year is coming up soon.
Anonymous
Post 02/03/2017 19:38     Subject: Nannies, what did you make (gross) last year?
46,000 for 41 hrs