What reporting, forms, etc. are required when hiring a nanny?

Question

I am considering hiring a nanny when my second child is born next spring. What do I need to do to make sure it is legal and her income is being reported?

Answer 1

A nanny who works in your home is your employee. Consequently, you must issue a W-2 at the end of the year. You must also withhold Fica taxes, and if if agreed, federal income tax. Publication 15 gives the details in the section for household employees.

Also note that your state probably has requirements regarding state unemployment and worker's compensation.

Finally, be certain that whoever you hire is allowed to work in this country. There have been several very high profile instances of people getting into trouble because of ignoring that rule. Be certain to complete Form I-9 when you hire someone.

Answer 2

Breaking the regulation? you're common racist. those human beings ought to artwork to feed their families. Beside, good success looking an american working shitty hours, grimy works including cleansing up after your mess, looking after your none knowledgeable and not properly mannered childrens, and additionally artwork decrease than minimum wages. basically Illegals does that, beside i might opt to work out united statesa. only sooner or later without immigrants, i assume the entire united states of america would be empty or that is going to basically be North american Indians. Mayas and cheerokees very own from a while Americas, europeans in simple terms come and took each thing from them then turn around and phone them unlawful.

Answer 3

visit IRS website: www.irs.gov and read information on Household employees (sch H) and review PUBs for Household employees.
Congrats!

Answer 4

Here is the IRS document that will explain everything.
http://www.irs.gov/businesses/small/article/0,,id=97877,00.html
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Answer 5

she has to give you reciphts and then you claim them and if she does not she will be in trouble her social insureance number needs to be on every reciet