Babysitting income - subject to SE tax
Answer:
Generally, most babysitters are not employees of the parents they are providing babysitting services for, unless they are employees of a daycare or childcare center.
Self-employed babysitters file tax returns using the 1040 Schedule C and SE to report their earnings.
Depending upon the babysitter's tax liabilities, the babysitter may be required to remit quarterly estimated taxes.
Self-employed babysitters file tax returns using the 1040 Schedule C and SE to report their earnings.
Depending upon the babysitter's tax liabilities, the babysitter may be required to remit quarterly estimated taxes.
