Do You Owe The Babysitter Tax?
Paying someone to watch your child may seem like a routine affair, but technically you probably become an employer the moment you hire babysitting services in your home. While there are exceptions for sitters under 18, babysitters can legally be seen as employees. This means you might owe babysitter taxes to the government. Babysitter Tax Threshold for 2023 The babysitter tax threshold for 2023 is $2,600, which represents a $200 increase over the previous year. In simple words, if you pay a babysitter (age 18 or older) at least $2,600 in cash wages in 2023, the family and the [...]