Can some one help for tax report?

Question

I AM A BABY SITTER FOR MY DAUGHTER, HOW CAN I REPORT TAX WITH CASH INCOME?

Answer 1

You'll fill out a form 1040, a schedule C-EZ and a schedule SE. On the schedule C-EZ you'll show the income, and any associated expenses. The number from the bottom of that will go on the schedule SE to calculate self-employment tax which is social security and medicare. Then the numbers from the bottom of both schedules will go on the 1040 to calculate your total tax.

Answer 2

Judy is right procedurally. However, I do not think that the IRS would consider money that you are paid to babysit your own child to be earned income. Instead, I think that they would consider any money that one parent pays the other parent to be a veiled form of child support or alimony being disguised as babysitting fees for tax purposes. If you were babysitting someone else's child, then I would agree with Judy's answer.