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Get your taxes done using TurboTax
The Schedule H does handle the employment taxes as far as adding them to your tax return for the amount of wages you paid the Nanny. The payments you made for those taxes are entered as an estimated tax payment as shown below.
The child care credit information does have to be entered, otherwise TurboTax doesn't know that you are eligible. Include the payroll taxes and the amount paid to the nanny.
Next, if your payment of the payroll taxes for the nanny have been paid by your payroll company you need to enter those payments as estimated tax payments on your tax return. The estimated tax payments you made aren't handled with the "nanny tax" form Schedule H, where the actual tax is calculated. If you enter the estimated payments and you have another question, please add a comment or add a new question.
- Click the image attached to enlarge and view for assistance.
Enter any federal, state or local estimated tax payments you’ve made under Estimates, in the Estimates and Other Taxes Paid section. You'll find this section in Deductions & Credits under either the Federal Taxes tab or the Personal tab, depending on the product. For a shortcut, type “estimates paid” in the search box and use the “Jump to” link.