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Nanny taxes

EriksgalEriksgal
in Working Moms
One more question! Do those of you with a nanny do the taxes yourself or use a service? I have found a few services online but they seem kind of pricey for something that may be pretty easy for us to do ourselves or is it? Any tips for me?
Diagnosis: DOR and MFI-low everything IVF #1 = triplets! 2 girls and a boy! Born Sept 29, 2011 at 32w6d due to Pre-e and HELLP syndrome Lilypie First Birthday tickers
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Re: Nanny taxes

  • jhansen3jhansen3
    I use Intuit Online Payroll, it has a monthly fee but is easy to use for taxes and basic payroll.  I know that it can be done without the service but I like the convenience of the site. 
    Missed m/c discovered 11.30.09 at 9w2d DS Born 10.26.10 Missed m/c discovered 11.7.11 at 8w3d Lilypie Angel and Memorial tickers BabyFetus Ticker
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  • ColoGirl+25ColoGirl+25
    OT but I LOVE your Christmas card! 
    Baby Birthday Ticker Ticker image image
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  • EriksgalEriksgal
    imageColoGirl+25:
    OT but I LOVE your Christmas card! 
    Thanks! I'm so sad they won't be able to wear those onesies again. Never thought I would get sentimental about baby clothing haha!
    Diagnosis: DOR and MFI-low everything IVF #1 = triplets! 2 girls and a boy! Born Sept 29, 2011 at 32w6d due to Pre-e and HELLP syndrome Lilypie First Birthday tickers
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  • erinrunserinruns member
    If everything else you have is straightforward, I think you can do them yourself.  The first year I tried to pay federal taxes quarterly, but that got all messed up.  After that, I didn't pay and hoped that I had paid enough federal taxes at my job (I always did.)  
    My blog 
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  • DallasHornDallasHorn member
    I'm in TX, so we have no state taxes...that aside, I did tax calculations and  witholdings myself. Set myself up with an EFTPS account for monthly deposits of taxes to IRS and quarterly filings. I have an excel spreadsheet that I use for each weekly paycheck that has the calculations for that pay period as well as a set for YTD calculations. This is printed out as nanny's earning statement.
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