Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Nanny Salaries & Taxes and other Nanny topics.
If you have decided to do the taxes for the nanny salary, consult IRS publications 926 and 15. These explain the federal laws and tax forms. IRS estimates it takes 8 hours to complete federal nanny tax forms. Also contact your state revenue department for information about the state income tax laws and forms. Finally, you should contact your state department of unemployment regarding their filing requirements for nanny taxes.