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Get your taxes done using TurboTax
That particular google/IRS link does not apply to you. It is for when you baby sit in the client's home (the so called "nanny tax"). Since you baby sit in your own home, you are considered a self employed child care provider. You have to pay you own social security and medicare tax at 15.3% of your net earnings. This is in addition to income tax. So expect to pay about 30% in tax. But you do get to deduct expenses, including some home expenses. See <a rel="nofollow" target="_blank" href="https://ttlc.intuit.com/questions/1934060-what-expenses-can-i-deduct-as-home-daycare-provider-when-i...>
May 31, 2019
5:46 PM