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How do I calculate nanny tax?

Calculating Nanny Taxes

To give your a nanny salary you need the following - weekly gross wages, pay frequency, withholding rate (single or married) and withholding allowances. For completion of your nanny tax figure in if there will be Federal and State taxes taken out. You might want to consider hiring a personal tax advisor to handle all of your questions regarding your nanny taxes. There are also online programs that will help you calculate the amount of money that you need to with hold from your nanny's paycheck.

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