
Quoting
Heartsick123
I work overnights, so my sister (who has worked as a full time nanny) stays at my house 3 nights a week and brings my kids to school in the morning. I pay her 150 a week and my bank record shows that payment every week for the past 2 years. I also pay my 20 year old daughter 50 a week for babysitting at other various times (when i have overtime or just need someone on weekdays or weekends) these payments are also on a regular basis. In addition, i pay about 4,000 a year for summer camp (since i sleep during the day). That is obviously on the books.
That comes out to about 1200 a month. I don't think that is unreasonable, but I haven't been able to find any guidelines, so I wasn't sure. That is for 2 kids during the school year and 4 kids for summer camp.
I was more concerned about the fact that I never really thought about doing the whole nanny tax thing because it's my family member and 150 a week didn't seem like a very big deal. So, I guess the question would be if I should change that now. Thanks.