Do you have to disclose you social security number to individuals that you babysat for, for them to file tax's

Answer 1

If you provide child care services, yes you need to provide the parents with your SSN . You should be claiming the monies that you are paid on your own return As the parents will be claiming the Child and Dependant Care Credit and claiming what they paid you on their tax return.

Answer 2

If your customers want to claim the amount they paid you as a dependent care credit, then they will need your social security number. The other half of this means that you then will need to report the amount you earned as income on your tax return. Legally, that's what you should be doing anyway. You'll be subject to federal and state income tax, along with 15.3% self employment tax (if you earned more than $400 last year).

Speaking from a practical standpoint, most people don't end up being able to use the dependent tax credit because their babysitters refuse to give them their SSN. They don't want to lose their childcare provider over it, so they end up giving up and not taking the credit on their tax return. The babysitter would have to increase her rate so dramatically to cover taxes that the parents probably wouldn't want to pay that rate, anyway. That, of course, isn't legal, but I'm just mentioning how I've seen these things play out.

Answer 3

I agree with Bostonian, you definitely have to have the child care provider's social security number if you are going to be claiming the Child and Dependent Care Credit.

A few years ago, I had a daycare provider that I ended up not liking and pulling my child from her care, and I had to go and get (I think I mailed her the form requesting it) her social security number just so that I could put it on the tax form from the IRS so that I could claim the credit. It may seem like too much personal info to give out, but the parent has to have it to claim the credit.

Answer 4

Yes! If they don't have your SSN, their Dependent Care Credit will be denied. Although it is possible for them to get around that, they must provide your full name and address to the IRS. In either case, the IRS will be looking for that income on your tax return.

If you provide the services in their home, you may be considered as a domestic employee. They will have to pay payroll taxes on your wages and withhold at least Social Security and Medicare from your wages. To do that they MUST have your SSN.

Answer 5

She has to have both your ss# or your fin# with the intention to declare it. What countless daycare carriers do is get an FIN # & use that to provide to the mum and dad instead of their Social. in case you do not sense comfortable giving her your SS#, than tell her to have the tax business enterprise contact you, & you'll supply your volume to them (ensure that you do are able to substantiate this). I surely have had a baby in day care earlier, the service in basic terms gave me her ss#. Now i'm a service myself, I were given a fin# & print it on a paper alongside with the quantity the parent paid me.

Answer 6

If they are claiming your babysitting fees for the child and dependent care credit, they will need your SSN. There's no law that says you MUST provide them with your SSN, so you can't be compelled to do so. However, while your SSN is required for your clients to claim the child and dependent care credit, if they attempt to get it from you and you refuse to provide them with it, they can still get the credit. They will report your name and address as the care provider on the child and dependent care credit form, and I'm sure that the IRS might find you and know that you earned that babysitting money, unless you had provided them with a fake name and fake address.

Answer 7

Only if you made more than 600.00 from that employer over the year. That is the only way you have to report it as income. You are an independant contractor. IF they do report it as childcare and you must file taxes on it, then you also are allowed deductions. If you drove, your car, mileage and maintenace are deductable (to a certain extent). If you watched the children in your home, also, some of these costs are deductible. However, you should probably check with a CPA regarding what you can and cannot deduct and whether or not you even have to file.

Answer 8

As most of the payments for babysitting are "under the table" in cash...this shouldn't be necessary. The only reason they would need that information would be to file a W-2 or 1099 to report your income to the IRS as your employer or as a contractor.

I would find that very odd, and really wouldn't share the information....

Answer 9

I never had to do that, but I would call a tax person in your area to get the "official" answer to that question. Let us ALL know what comes of this. Good Question!!

Answer 10

If those parents are that anal retentive, tel them to get a life. How are much are they paying anyway? Losers.