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Author: TMFTaxes Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121585  
Subject: Re: Nanny Taxes Date: 1/12/1999 8:10 PM
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[[My wife and I employed a Nanny during 1998 for the 1st time. We pay her
about $19,000/yr and therefore elected to pay all taxes due on our 1998 tax
return.]]

Oops...sorry...almost forgot.

If you would like to read more about the nanny tax and how it works and the additional forms that you may be required to file, visit the IRS web site (http://www.irs.ustreas.gov) and download/read IRS Publication 926. It'll give you all of the information that you ever wanted to know about the nanny tax (and more).

TMF Taxes
Roy
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