No. You do not need to fill out a Schedule C if you have a household employee. However, you do need to fill out Schedule H and report any tax payments you made.
Schedule H will
calculate the Household Employment Taxes you owe, but you also need to enter
the tax payments you paid under "estimated taxes."
Prepare Schedule H
To prepare a Schedule
H in TurboTax, please follow these steps:
- Click on Federal Taxes >
Other Tax Situations. [In TT Self-Employed: Personal
> Personal Income > I’ll choose what I work on > Other
Tax Situations.]
- Scroll down to the Additional
Tax Payments section and click on the Start/Revisit box next to
Nanny and Household Employee Tax.
- Continue through the screens,
entering the required information.
Enter state/local tax payments
Federal withholding is reported in the process of preparing Schedule H. To report any state/local tax
payments you made, please follow these steps:
- Click on Federal Taxes
> Deductions & Credits. [In TT
Self-Employed: Personal > Deductions & Credits]
- In the Estimates and Other
Taxes Paid section, click on the Start/Update box
next to Estimates.
- On the next screen, click on the Start/Revisit
box next to State [or local] estimated taxes for
2016.
-
Enter your payment(s) on the next
screen, How much did you pay in State [or local] estimated
taxes?
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"