iS There anyne here that can give me pointers as to how this works i know u have to take care of kids in your home but is is any different that a babysitting job. I have watched tons of children in my home. How do u claim taxes if they dont take it out of you checks
213646
You have to keep track of what people pay you. Give them a receipt at the end of the year of their total paid, you report it on your taxes as income because they will report it as child care. Anyone paying for childcare is smart to report that expense because they can use it as a deductible. PLUS !!! You can figure up how much of the space in your house is being used for the daycare, let's say the kids are in 50% of the rooms of your house, kitchen, living room, dining room and say one bedroom, then when it comes time for you to do your taxes, you put in your income as money paid to you BUT also let a preparer know or you do it on Turbotax.com that 50% of all expenses for your home can be deductibles for your daycare business. Like 50% of all utilities, 50% of your groceries bought, 50% of all homeowners insurance paid, etc.  I did 60%/40% on my taxes because kids are allowed in all but 4 rooms of my home.  My husband and I ALWAYS run my daycare at a loss on purpose as far as taxes go because we will always get a tax refund that way.  You do not have to get licensed my your state to be a daycare and it does not help you in any way unless you want money to help pay for food.  You do however, or really should, get a "rider" policy on your homeowners policy to include any injuries to any kid that's not yours. Mine was only a $50 extra charge for a year.\nHope this helps, it's very simple. Let me know if you want more info.\nThanks
629189
Paying parents do have tax incentives.  They can claim that child on their taxes.
17102
You might be able to deduct them, as you would if you had a home office, but only in proportion to the amount you use them for work versus personal use.  If you use them 100% for work, then you could take the total cost.  If you use them also for personal use, it can get tricky and the IRS can come after you to check it out.  (Some years ago they were cracking down on people claiming home offices; not sure what the situation is today).
136784
The law is that you have to pay your taxes in the quarter that you have earned the income. If not you get penalized. The only reason that I know this is that I researched it last night. I have a seasonal job and most of my work is done in the first and last quarters. I can't wait till the end of the year to pay. Id say that 20 - 25% of your income should be held per check and you would be safe unless you make big money.......over 75-80 a year.
340219
considering you are not at home asking this question and at work...take this time to look for part time jobs in the evening.  If you are cleaning an apartment every few weeks, why not try to do your own little side gig and do more houses or apartments.  If you have family that is willing to help watch the children while you earn extra $$ that is your answer.  If you are unable to pay your bills off you can consider filing for bankruptcy - it screws your credit for 7 years, but if you're not getting anywhere on the bills, then it's an option.  My mom raised 3 children, went without eating and things for herself so that we could have clothes and such.  We shopped at good will and i didn't know any better, i thought it was the greatest thing goin.  As much hoopla as people put on presents, it's about being with your family and making the most of the time together.  I would consider asking family to help watch the kids while you work a second part time job to earn more money, when you work hard for your family and prove that, people are more willing to help out.  Good luck and god bless!
181980
I suggest you get your stuff together, starting now...as in life. IF you are earning an income, you will have little recourse but to file all taxes with whatever payment you can muster. You will be levied fines and interest and penalties. IF you have a bank account, I strongly suggest withdrawing all monies from it, as if you have much in it, it will be siezed as soon as the IRS checks your assets out. IF you own a home, there will be liens placed upon it for the amount you owe. \nIF you do not have an income...relax!  Just don't plan on having one for about 1 year. NOW, go to a tax lawyer, spread out the mess. They will help you file, with addends as to NOT BEING ABLE TO PAY....the IRS will settle for whatever they can get, as little as .01 on the $ owed. You will have to pay something, but not anything like you may owe. Once you have an agreement with the IRS, DO NOT BREAK IT IN ANY WAY...if you do break the agreement, you will have to start all over, and trust they will then begin to hound you. Get yourself legal in any way you can, for the energy you spend on worrying about the IRS is destructive to your future. You can come out of this clean, and when you do, stay that way! You cannot go 'underground' and ever expect to earn much money in cash...people cannot pay much in cash, for they will be paying the income tax on whatever they pay you...do not expect much in the way of wages when you work this way. Be aware that anything and everything you own is subject to siezure IF you do not come clean... IF THEY Find out about your 'activities' before you tell them about it, they will come down on you hard....it is called tax evasion, and you can go to prison for it...doubtful, but certainly can happen. Once you file returns, they cannot jail you...they can just go after whatever they can get. Act now, this will not get better with time. Good luck
490686
I think it is a good idea.  My now husband always helped pay for sitters when we went out.  He knew I was a struggling single parent.  The alternative being you guys stay in for a night - which may or may not be an option depending on if you are ready to have him involved with your kids.
139156
Child support is neither deductable nor considered taxable income.  \n\nIf you pay - you cant deduct\nIf you recieve - you dont count it as income\n\nIf you are smart you have take the deduction(s) for the kid at least every other year.
280927
why would they care they get everything else free! havent Americans sat down and did a little look at ur own pay checks here. ex. a person making 15.00 buck a hr. at 40 hrs a week. equals $600 gross. u would bring home about low 400's to mid 400's if ur lucky depending on what u have to take out. that means really u only make about a little over 10 bucks a hr. if that and some pay checks are less then 400 after everything is taking out. so illegal making 5 bucks hr equals 200. and nothing comes out so that there whole check. so think about this here. they really have more money then Americans do so why would they care if they get paid low wages. there making a kill-in. they get everything else handed to them by us wonderful tax payers.
629344
The situation is complicated.  You need an adult to deal with an adult.  So the best for you would be to find an parent, relative, friend who will speak up for you and on your behalf.  Only then will you get the real attention you need and the paycheck you deserve.  Otherwise, you are being taken advange of and it will continue as long as you let it happen to you.
126656
You're too young to legally work in most states but you can baby-sit.  I did for a long time and made fairly good money.  I would try going to the local (in walking distance) elementary schools and posting ads on the bulletin board for an "experienced and responsible after school care".  Offer to walk the child home from school and have them do homework with you until their parents get home.  This way the parents will feel justified to pay you a little more since you'll be helping "tutor" ;)  After you get one child and are comfortable offer to take on another friend or neighbor child.  You should charge 7-8 per child with the homework factor (2 kids 7.50 per = 15.00 per hr not bad for 14 yr old ;) Good Luck!
60607
It is a kind of "reverse tax" for people that make under $35K and have kids.  It can be for people without kids, but you have to be very poor.  There are many restrictions, and it is not all people, so be careful not to wrongfully claim it, as it is the largest source of tax fraud and the IRS does seek and prosecute violaters.
406914
some apartment complex's will not allow you to establish a "business" out of your home. If it is just extra money babysitting, you want to take a child and infant CPR class, make sure you have good renters insurance in case someone gets hurt in your apartment, and keep good records, document every bump and bruise on the child so you don't get blamed for anything. In this day and age it is hardly worth it unless you are already familiar with the family you would be working for. I would clean offices or houses on the weekends for extra cash, build up a few regular clients and that way you would have a structured schedule. I hope it works out for ya.
382649
You need to pay taxes in the state that you work. Since you work 90% in NY, you would pay NY taxes.  My company is in California, but I work in another state and I pay that states taxes because that is where I am BASED out of, not California.  Your employer should be withholding NY taxes from your check if you home is considered your base office.
444964
If the IRS were to come after your employer, you would not be held responsible in any way. As long as you report the income you receive and pay taxes on the income at the end of the year, you are doing your part. I noticed that you just said your comission checks would be tax free. Are they withholding taxes from your regular paycheck? Alot of car dealers work this way too. They'll pay their salepeople a biweekly wage and their comission is straight cash. At the end of the year, they issue a 1099-misc reporting that income. You'll have to pay self employment tax at the end of the year
393022
I work from home and I am able to spend more time with my child doing this. My web page is www.mothersfreedom.com I really love this and I work the hours I want. It cost 29.00 to start but if you decide that this is not for you then you can stop within 90 days and get your money back. It is easy and fun to do just check it out.\n\nGood luck
4068
You have to include the household income of the parent you're living on right now. You can also check which one of them have you as a direct dependant on their tax return. Not both of them can have you there and the government will also use that information as a decision point.