If I claim a dependent care tax credit for babysitting, at what amount does the babysitter who is a relative need to claim the cash payment as income on their taxes?
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If I claim a dependent care tax credit for babysitting, at what amount does the babysitter who is a relative need to claim the cash payment as income on their taxes?
If I claim a dependent care tax credit for babysitting, at what amount does the babysitter who is a relative need to claim the cash payment as income on their taxes?
Everything that they were paid whether you claim the credit or not.
**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.**
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