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Discussion Starter · #1 ·
I SAH with my 7 yo, 5 yo and 2 yo. I now have the opportunity to watch an 8 week old neighbor's child for a half day as well. I prefer not to get licenced (not required in CA)<br><br>
I am curious about how you all handle taxes, social security etc. Do you just get paid "off the books?" If so, then can your family deduct child care expenses on their income taxes?<br><br>
Any other tips on getting set up to watch one child?
 

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Discussion Starter · #3 ·
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<div>Originally Posted by <strong>goosysmom</strong> <a href="/community/forum/post/7298089"><img alt="View Post" class="inlineimg" src="/community/img/forum/go_quote.gif" style="border:0px solid;"></a></div>
<div style="font-style:italic;">they can't claim it on their taxes unless you do too....</div>
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OK, that was my impression too. So if they want to claim it on taxes, do you charge more to offset your own taxes? What about social security, etc, is that optional?
 

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No taxes are optional. If you're self-employed, you have to pay all of them. I'd consult your tax advisor about the best way to file, but you probably need to file a Schedule C quarterly.
 
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