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nanny tax
noun
- the portion of Social Security and Medicare taxes paid by the employer of a nanny, gardener, or other household worker.
亚洲网紅露点 History and Origins
Origin of nanny tax1
Example Sentences
鈥淚t鈥檚 people who don鈥檛 have a lot of time, make a lot of money, don鈥檛 want the 鈥榥anny tax鈥 thing and want the job done right.鈥
Some people focus, incorrectly, on the worker鈥檚 title, or whether they are full time or part time, said Laura Weiland, president of the Nanny Tax Company, in Park Ridge, Ill.: 鈥淚n their heads, they say, 鈥業 just have a babysitter; she鈥檚 not a nanny.鈥欌
It鈥檚 helpful to get over the notion that, although its short hand is 鈥渘anny tax,鈥 this does not only pertain to a full time聽Mary Poppins, but, perhaps, to the neighborhood聽Kristy, Mary Anne, Claudia and Stacey聽too.
If a person cares for the child in your home, you could have "nanny tax" issues.
Depending on your income, you can deduct a percentage of what you pay for child care, up to a few thousand dollars per kid.聽Of course, keep in mind that if you deduct the cost of an in-home nanny or babysitter 鈥 even if it鈥檚 just the neighbor鈥檚 teenaged kid 鈥 you鈥檒l be expected to pay the so-called 鈥渘anny tax鈥 during the time you employ them.
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