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Schedule H CPA explains the Nanny Tax and provides an example

By admin, on March 8th, 2012%

Even Schedule H CPAs call it the Nanny Tax! If you paid more than $1700 to a household employee , or paid them more than $1000 of gross wages in any calendar quarter, you need to file Schedule H with your IRS Form 1040. Schedule H substitutes for the usual employer IRS tax forms. It . . . → Read More: Schedule H CPA explains the Nanny Tax and provides an example

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