what tax form do i fill out if i do babysitting at home?

Question

was just wondering if i still fill out a 1040ez or which form... thanks for any help...

Answer 1

You will have to file a 1040. You will attach a Schedule C to report yout income and expenses from babysitting and a Schedule SE to calculate your self-employment tax. You will also want to do a Form 2106 to compute household expenses properly. Depending on how much your income is, you may want to consult a CPA.

Answer 2

If you consider yourself self employed babysitter then you would file the 1040 form and the schedule C for self employed income. You can also claim any expenses related to the babysitting on the Schedule C.

Answer 3

Yes, she needs a Schedule SE. Yes, she is liable for self-employment tax. Yes, she needs a Form 1040. She may have the option to file Schedule C-EZ instead of Schedule C.

Answer 4

No, not a 1040EZ. You will file a 1040 and a schedule C or C-EZ, and a schedule SE to figure self-employment tax.

Good luck.

Answer 5

It could be the 1040EX, the 1040A or the 1040; depends on how old you are, how much you made, and whether you can be claimed on another person's return.
Call the IRS topic telephone line and listen to the disk for "What form to file." You might also find "Who should file." interesting.
If you are still at home with your parents, check their tax booklet they got in the mail for the information you are looking for. Its all in there.

Answer 6

cinsingl8... is the only one who got it right so far.



ps. more right answers came in. Just file 1040 and sched C.

Answer 7

None. I dont recally having to do those forms when I baby sat.

Answer 8

None!