Friday, March 17, 2006
Nanny Question: What do I do - I didn't get a W-2?
Every spring we receive inquiries from nannies who did not receive a Form W-2 from their employer. This is almost always when the nanny is no longer employed by the family.
The nanny is an employee and is entitled to a Form W-2. Usually the problem is resolved with a phone call or two. If the family digs their heels in and refuses, the nanny has the option to report the wages paid using a substitute form W-2 and filing her tax return. She cannot eFile when using this method. When the IRS gets the substitute W-2 they will first look for a match in their system, and if not found will chase the family for the information and the taxes due.
Specific step by step help for this situation is found at 4nannytaxes.com.
Every spring we receive inquiries from nannies who did not receive a Form W-2 from their employer. This is almost always when the nanny is no longer employed by the family.
The nanny is an employee and is entitled to a Form W-2. Usually the problem is resolved with a phone call or two. If the family digs their heels in and refuses, the nanny has the option to report the wages paid using a substitute form W-2 and filing her tax return. She cannot eFile when using this method. When the IRS gets the substitute W-2 they will first look for a match in their system, and if not found will chase the family for the information and the taxes due.
Specific step by step help for this situation is found at 4nannytaxes.com.
