Help with taxes

Forum|Forum|4 years ago
September 30, 2021
2 replies
0 views

Hello!
I started a new job as a nanny in August 2021. Should I claim that I worked from August to the new year? Or do I just claim it starting next year sense I won’t have earned enough money to take taxes out? What is the minimum total wage that you have to claim it?

Sunny_Tax_Expert

Level 4

Hi Hanpro,

You should report any income from August of this year through year end on your 2021 tax return.

As a general rule, unless the income is considered a gift, you need to report all income that is subject to US taxation on your tax return.

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"

HanproAuthor

Level 2

When do I have to start paying money back for taxes?

xmasbaby0

Level 15

@Hanpro Please explain what money you are asking about "paying back?" What do you mean? Your question is not clear.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

xmasbaby0

Level 15

You will file a 2021 tax return in early 2022 for the income you received in 2021. Your employer should provide you with a W-2 that shows how much you were paid in 2021 if you are a "household employee."

You will not owe tax if you earn less than the standard deduction (if you are single that is $12,550) but if tax is withheld you will want to file a tax return to seek a refund, or possibly to seek the 3rd stimulus check if you have not yet received it and are eligible for it.