@matthewstansberr wrote:
Okay, I read Pub 926 like you suggested. Here is where I am at.
For CY 2020, I paid out more that $2,200 for babysitting that occurred in my home. Neither of us withheld anything, and there was no exchanges of W4's. I was unaware of any of this while filing my taxes. My taxes are filed, and accepted. I am now looking to amend my CY2020 taxes to now file a Schedule H correct?
Now that we are in March of 2021, what should our further actions be now that no taxes where withheld and there was no expectation of withholding?
Just file the Schedule H and provide the W-2 as specified in Pub 926 page 11. (Note that the current 926 is the 2021 version so the dates given must be adjusted for 2020.)
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
