Another Nanny question

cedenton

Can you recommend your nanny payroll services and about how much it costs?  Any you DON'T recommend?

Do you pay taxes in addition to their stated salary or take it out of their salary?

About what percentage of their salary is it?

 TIA 

mae0111

We use nannychex.com.  It's ~$6 per week, I think.

This service deducts all of the nanny's taxes, and ours as well.  So we pay $15.50 an hour, and I think it works out to be about $700 a week with our taxes worked in.  Nanny takes home somewhere in the $500's.

cedenton

Thank you!

DallasHorn

I do this all myself. I don't have state taxes, but should be similar. I have a spreadsheet set up with formulas for the current week's payroll as well as the YTD totals. I think direct deposit monthly via EFTPS.

LeahCK

I found this link to be helpful.

https://www.4nannytaxes.com/calculator/taxcalcresults.cfm

It's free. 

rockychryslerb2010

I use intuit online payroll, $20/month.  The first 2-3 months were only $10.

I like it, it did take some time to setup and file all the necessary forms, but it is a breeze to use every payday.  Now I just enter hours and it tracks everything, it even supports multiple pay rates.

I like that it tracks state and federal taxes, and reminds me when they're due.  It will also prepare a W2 for us at the end of the year.

Hours vary, but nanny usually gets something between $400-600 and takes home $400-500 a week.