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willow26
New Member

Why did I have to pay 15.3% taxes on cash wages for household employee? I thought I only had to pay half.

As a household employer, I thought I only had to pay half of the 15.3% taxes for a total of  7.65% (SS 6.2% + Medicare 1.45%). So on my employees W2, I reported SS withheld of 6.2% of her wages and Medicare as 1.45% of her wages. But on my Schedule H form, Turbo tax filled it in for the total 15.3%. What am I missing or what did I do wrong?

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AmandaR1
New Member

Why did I have to pay 15.3% taxes on cash wages for household employee? I thought I only had to pay half.

Your share is 7.65% but you must withhold and pay the employees portion too. See Table #2 Household employers checklist and other resources at the link here: https://www.irs.gov/publications/p926/ar02.html

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1 Reply
AmandaR1
New Member

Why did I have to pay 15.3% taxes on cash wages for household employee? I thought I only had to pay half.

Your share is 7.65% but you must withhold and pay the employees portion too. See Table #2 Household employers checklist and other resources at the link here: https://www.irs.gov/publications/p926/ar02.html
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