Tag Archive: nanny tax

IRS issues "nanny tax" reminder

Written by December 2, 2014

The IRS reminds taxpayers not to overlook their responsibilities under the “nanny tax.” If you employed a housekeeper, nanny, gardener, or other household worker in 2014, you may have payroll tax obligations, commonly called the nanny tax. These payroll taxes apply if you paid a household worker $1,900 or more in 2014. Federal unemployment taxes apply if you paid more...

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Don't overlook the "nanny tax"

Written by January 14, 2014

As you review your filing requirements for 2013, make sure you don’t overlook the so-called “nanny tax.” If you have a household employee, you could be liable to pay state and federal payroll taxes. First, you must determine whether you have a household employee. Generally, this is someone you hire to work in or around your house. It could be...

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