Am I liable for Nanny taxes?
We have a live in Nanny from South Africa. Originally, she entered the country with a J-1 VISA (cultural exchange) that allowed her to receive a weekly stipend for one year tax free. That was five years ago. Since that time she switched to a F-1 VISA (student) and earns money taking care of our kids and additional money under the table watching the neighbor kids. My questions is if she makes $12K to $15K per year and doesn't file Federal or State income taxes, can the IRS come after me with fines and penalties?
United States - 3 Answers
Random Answers, Critics, Comments, Opinions :
1 :
Yes you are liable for the Nanny Tax. She is your employee. You pay your share of her Social Security and Medicare taxes when you file your tax return, using Schedule H. How you pay or remit her share of Social Security and Medicare depends on whether you deducted these taxes from her pay. The process for paying her share is detailed in the IRS Instruction to Form 1040 Schedule H. She is required to file a tax return based on this income. Whether or not she files, you would be liable as described above. If you didn't pay, you could be subject to fines and penalties, with no time limit for the IRS to come after you. The penalty for an employer to fail to pay Social Security and Medicare tax is 100%, plus interest.
2 :
The F1 student must report this as income. However, the income may not be subject to social security and medicare taxes. F1 student must file nonresident tax return. She will get exemption and deduction as per tax treaty between the U.S. and her country. Read about nonresident tax filing: http://taxipay.blogspot.com/2008/03/us-tax-filing-requirements-for-non.html
3 :
"Am I liable for Nanny taxes? " Of course you are. "from South Africa. Originally, she entered the country with a J-1 VISA (cultural exchange) that allowed her to receive a weekly stipend for one year tax free." The US/South Africa tax treaty only allowed money that came from OUTSIDE the US for that first year to be tax exempt. Any money made inside the US was fully taxable. (Article 20 of the treaty.) "That was five years ago. Since that time she switched to a F-1 VISA (student)" Her visa status only governs whether she is a resident or non-resident alien. An NRA files a 1040NR or 1040NR-EZ and does not get a standard deduction. This meant any income over and above the amount of the personal exemption each year to be subject to income tax. I sincerely doubt you are paying her less than $3500 a year. After 5 years, the visa no longer makes her days exempt and she would then file a 1040. (However, since she did not abide by the terms of her visa, I doubt she would be considered an NRA.) "and earns money taking care of our kids and additional money under the table watching the neighbor kids." So, she also has unreported self-employment income and now owes SE tax as well. (Since she was violating her visa by working, she can be subject to the SE tax for the first 5 years.) "My questions is if she makes $12K to $15K per year and doesn't file Federal or State income taxes, can the IRS come after me with fines and penalties?" Go read IRS publciation 926. As an employer, you were responsible for checking to see if she was eligible to work (under the visa, she would have to have permission from ICE), had a valid SSN, filled out a W-4 correctly (single 1 and indicating NRA), that you withheld income taxes each payperiod based on her income (after adjusting it for being an NRA), that you paid the fica/mc (even if you did not withhold them--many employers of nannies pay the full 15.3% themselves and adjust the W-2 accordingly) and paid those in with your taxes using schedule H. You were also required to give her a W-2 each year. The penalties for failing to do the above can fairly high very quickly. PS, ignore the post that said students were exempt from fica/mc. That's only if it's an on-campus job *or* an internship APPROVED by ICE and even then only if she was still considered a non-resident alien. Your nanny is NONE of these.
Monday, October 28, 2013
Monday, October 14, 2013
Can I ask my neighbors to help fund a study abroad trip?
Can I ask my neighbors to help fund a study abroad trip?
I am majoring in Exercise & Health Science, and the department has ties with certain Universities all over the world, particularly in places like Africa and South America, to enrich our education on popular health issues in those areas. I live in Georgia, have the HOPE Scholarship, and Federal Pell Grant to help fund a study abroad, but I need a little more. I only have so much time out of the day to myself, and I was wondering if it were legal to ask neighbors for a donation. In advance, I plan to make a brochure of the Exercise & Health Science Department and the trips they make every year. I also plan to tell them a little bit about myself and why I think it's beneficial to go there. I figured it is legal as long as I am not misrepresenting myself. I am looking to fund-raise using this method for at least a year collecting $1 from each person acquiring around 10-30 dollars a day. I am not interested in loans, and I would apply for a job if I had more time to make money, but right now my full time is going towards my education so that I can make the money later and help people. =] Thank you in advance!
Studying Abroad - 2 Answers
Random Answers, Critics, Comments, Opinions :
1 :
You can but you're not being realistic. The economy is bad and there's no guarantee that you'll make enough money. I applied for scholarships and I'm a pretty average student. It's best just to take loans and use scholarships. If you can't fund it then don't go.
2 :
Your heart is in the right place, but you want to essentially bother strangers in their homes to ask for their hard-earned money (even if it is "only" a dollar). What if everyone did this who wanted something, but didn't want to work for it? You need to work for what you want in life. Get a job or take out loans and welcome to the club! And I don't mean to be rude, but your closing line is rather insulting. "I am not interested in loans, and I would apply for a job if I had more time to make money..." Don't want what you won't work for. Best of luck.
I am majoring in Exercise & Health Science, and the department has ties with certain Universities all over the world, particularly in places like Africa and South America, to enrich our education on popular health issues in those areas. I live in Georgia, have the HOPE Scholarship, and Federal Pell Grant to help fund a study abroad, but I need a little more. I only have so much time out of the day to myself, and I was wondering if it were legal to ask neighbors for a donation. In advance, I plan to make a brochure of the Exercise & Health Science Department and the trips they make every year. I also plan to tell them a little bit about myself and why I think it's beneficial to go there. I figured it is legal as long as I am not misrepresenting myself. I am looking to fund-raise using this method for at least a year collecting $1 from each person acquiring around 10-30 dollars a day. I am not interested in loans, and I would apply for a job if I had more time to make money, but right now my full time is going towards my education so that I can make the money later and help people. =] Thank you in advance!
Studying Abroad - 2 Answers
Random Answers, Critics, Comments, Opinions :
1 :
You can but you're not being realistic. The economy is bad and there's no guarantee that you'll make enough money. I applied for scholarships and I'm a pretty average student. It's best just to take loans and use scholarships. If you can't fund it then don't go.
2 :
Your heart is in the right place, but you want to essentially bother strangers in their homes to ask for their hard-earned money (even if it is "only" a dollar). What if everyone did this who wanted something, but didn't want to work for it? You need to work for what you want in life. Get a job or take out loans and welcome to the club! And I don't mean to be rude, but your closing line is rather insulting. "I am not interested in loans, and I would apply for a job if I had more time to make money..." Don't want what you won't work for. Best of luck.
Monday, October 7, 2013
Anyone know where I can find the following list of books online to read for free as an ebook?
Anyone know where I can find the following list of books online to read for free as an ebook?
I need to read: Cradle to Cradle by William McDonough and Michael Braungart and one book from the following list: Autobiography of a Face by Lucy Grealy At age nine, Lucy Grealy was diagnosed with a potentially terminal cancer. When she returned to school with a third of her jaw removed, she faced the cruel taunts of classmates. In this strikingly candid memoir, Grealy tells her story of great suffering and remarkable strength. A Beautiful Mind by Sylvia Nazar Nasar has written a notable biography of mathematical genius John Forbes Nash (b. 1928), a founder of game theory, a RAND Cold War strategist and winner of a 1994 Nobel Prize in economics. Blink by Malcolm Gladwell Blink is about the first two seconds of looking--the decisive glance that knows in an instant. The Bookseller of Kabul* by Asne Seierstad A reporter lives with a modern Afghan family and finds out what life is like in that war torn country. Bringing Down the House* by Ben Mezrich "Shy, geeky, amiable" MIT grad Kevin Lewis, was, Mezrich learns at a party, living a double life winning huge sums of cash in Las Vegas casinos. Chinese Cinderella* by Adeline Yen May This is the aubiography of an unwanted daughter who surpasses everyone's expectations. Complications: A Surgeon’s Notes on an Imperfect Science by Atul Gwande Medical professionals make mistakes, learn on the job, and improvise much of their technique and self-confidence. Gawande's tales are humane and passionate reminders that doctors are people, too. Freakonomics… by Steven D. Levitt and Stephen J. Dubner Though the idea of reading an economics text may bring to mind nightmarish visions of incomprehensible facts, figures and graphs, this book is refreshingly accessible and engrossing. Gifted Hands… by Ben Carson An autobiography of a black man who is one of today's leading neurosurgeons. While pursuing his career, Carson encountered prejudice, negative peer pressure, and politics in getting a job. His sense of humor, faith in God, patience, and his belief in the work ethic come through without preaching. Panic in Level 4 by Richard Preston Kaffir Boy* by Mark Mathabane In this powerful account of growing up black in South Africa, a young writer makes us feel intensely the horrors of apartheid. I Know Why the Caged Bird Sings* by Maya Angelou This is the first book in poet Maya Angelou's five volume autobiography. It chronicles the traumatic and happy events of her early years. Into the Wild by Jon Krakauer Krakauer pieces together the last two years of the life of Chris McCandless, a WoodsonHigh School graduate who gave away all of his money and possessions and travelled to Alaska. Into Thin Air by Jon Krakauer Ever wondered just what climbing Mount Everest would be like? You'll know after reading this memoir. Galileo’s Daughter by Dava Sobel Everyone knows that Galileo Galilei dropped cannonballs off the leaning tower of Pisa, developed the first reliable telescope, and was convicted by the Inquisition for holding a heretical belief--that the earth revolved around the sun. But did you know he had a daughter? Lucifer’s Legacy by Frank Close Is the universe perfectly balanced? Physicist Frank Close looks at symmetry and the deep structures of the universe in his luminescent book Lucifer's Legacy. The Moon by Whale Light by Diane Ackerman A unique blend of poetic essays and scientific descriptions of usually unlovely animals. On Wings of Eagles by Ken Follet This is the true and inspirational story of a daring rescue during the height of the tension between the U.S. and Iran after the fall of the Shah. Seabiscuit by Lauren Hillenbrand This is the story of the most famous race horse who ever lived in the US. An unpromising colt at first, Seabiscuit's spirit amazes his trainers and influences the lives of countless Americans. Shakespeare by Bill Bryson Little is known about Shakespeare’s life, and in this biography Bryson makes no attempt to expand on the known details, as other authors have. Starting by presenting the paucity of facts, he goes on to sketch the life of the worlds greatest playwright, from Stratford to London and back again. Surely You’re Joking, Mr. Feynman by Richard P. Feynman What seems to be a bunch of hilarious yarns turns into a running commentary on what constitutes authentic knowledge: learning by understanding, not by rote; refusal to give up on seemingly insoluble problems; and total disrespect for fancy ideas that have no grounding in the real world. Teen Angst by Ned Vizzini Nineteen-year-old Vizzini recounts his comical and intelligent experiences as a teenager coming of age in New York City. This Boy’s Life: A Memoir by Tobias Wolff Teenaged Wolff moves with his divorced mother from Florida to Utah to Washington State to escape her violent boyfriend. When she remarries, Wolff finds himself in a bitter battle of wills with his abusive stepfather, a contest
Books & Authors - 1 Answers
Random Answers, Critics, Comments, Opinions :
1 :
You might want to try a library.
I need to read: Cradle to Cradle by William McDonough and Michael Braungart and one book from the following list: Autobiography of a Face by Lucy Grealy At age nine, Lucy Grealy was diagnosed with a potentially terminal cancer. When she returned to school with a third of her jaw removed, she faced the cruel taunts of classmates. In this strikingly candid memoir, Grealy tells her story of great suffering and remarkable strength. A Beautiful Mind by Sylvia Nazar Nasar has written a notable biography of mathematical genius John Forbes Nash (b. 1928), a founder of game theory, a RAND Cold War strategist and winner of a 1994 Nobel Prize in economics. Blink by Malcolm Gladwell Blink is about the first two seconds of looking--the decisive glance that knows in an instant. The Bookseller of Kabul* by Asne Seierstad A reporter lives with a modern Afghan family and finds out what life is like in that war torn country. Bringing Down the House* by Ben Mezrich "Shy, geeky, amiable" MIT grad Kevin Lewis, was, Mezrich learns at a party, living a double life winning huge sums of cash in Las Vegas casinos. Chinese Cinderella* by Adeline Yen May This is the aubiography of an unwanted daughter who surpasses everyone's expectations. Complications: A Surgeon’s Notes on an Imperfect Science by Atul Gwande Medical professionals make mistakes, learn on the job, and improvise much of their technique and self-confidence. Gawande's tales are humane and passionate reminders that doctors are people, too. Freakonomics… by Steven D. Levitt and Stephen J. Dubner Though the idea of reading an economics text may bring to mind nightmarish visions of incomprehensible facts, figures and graphs, this book is refreshingly accessible and engrossing. Gifted Hands… by Ben Carson An autobiography of a black man who is one of today's leading neurosurgeons. While pursuing his career, Carson encountered prejudice, negative peer pressure, and politics in getting a job. His sense of humor, faith in God, patience, and his belief in the work ethic come through without preaching. Panic in Level 4 by Richard Preston Kaffir Boy* by Mark Mathabane In this powerful account of growing up black in South Africa, a young writer makes us feel intensely the horrors of apartheid. I Know Why the Caged Bird Sings* by Maya Angelou This is the first book in poet Maya Angelou's five volume autobiography. It chronicles the traumatic and happy events of her early years. Into the Wild by Jon Krakauer Krakauer pieces together the last two years of the life of Chris McCandless, a WoodsonHigh School graduate who gave away all of his money and possessions and travelled to Alaska. Into Thin Air by Jon Krakauer Ever wondered just what climbing Mount Everest would be like? You'll know after reading this memoir. Galileo’s Daughter by Dava Sobel Everyone knows that Galileo Galilei dropped cannonballs off the leaning tower of Pisa, developed the first reliable telescope, and was convicted by the Inquisition for holding a heretical belief--that the earth revolved around the sun. But did you know he had a daughter? Lucifer’s Legacy by Frank Close Is the universe perfectly balanced? Physicist Frank Close looks at symmetry and the deep structures of the universe in his luminescent book Lucifer's Legacy. The Moon by Whale Light by Diane Ackerman A unique blend of poetic essays and scientific descriptions of usually unlovely animals. On Wings of Eagles by Ken Follet This is the true and inspirational story of a daring rescue during the height of the tension between the U.S. and Iran after the fall of the Shah. Seabiscuit by Lauren Hillenbrand This is the story of the most famous race horse who ever lived in the US. An unpromising colt at first, Seabiscuit's spirit amazes his trainers and influences the lives of countless Americans. Shakespeare by Bill Bryson Little is known about Shakespeare’s life, and in this biography Bryson makes no attempt to expand on the known details, as other authors have. Starting by presenting the paucity of facts, he goes on to sketch the life of the worlds greatest playwright, from Stratford to London and back again. Surely You’re Joking, Mr. Feynman by Richard P. Feynman What seems to be a bunch of hilarious yarns turns into a running commentary on what constitutes authentic knowledge: learning by understanding, not by rote; refusal to give up on seemingly insoluble problems; and total disrespect for fancy ideas that have no grounding in the real world. Teen Angst by Ned Vizzini Nineteen-year-old Vizzini recounts his comical and intelligent experiences as a teenager coming of age in New York City. This Boy’s Life: A Memoir by Tobias Wolff Teenaged Wolff moves with his divorced mother from Florida to Utah to Washington State to escape her violent boyfriend. When she remarries, Wolff finds himself in a bitter battle of wills with his abusive stepfather, a contest
Books & Authors - 1 Answers
Random Answers, Critics, Comments, Opinions :
1 :
You might want to try a library.
Tuesday, October 1, 2013
if you have to choose for me, ne????
if you have to choose for me, ne????
ok, I live in South africa and want to work overseas... where would you say is the best and where would i make the most money????( if I work in a hotel or a beuaty spa)?????
Careers & Employment - 3 Answers
Random Answers, Critics, Comments, Opinions :
1 :
Stay at home till you know where you want to go.You wont get better advice.
2 :
u should go to london for this!
3 :
check out europe or america or india .... u come from aboard tht would be ur asset for spa . learn ur the specility of ur country . hotels through the world are open for chefs . earnin as waitress would generate more of tips from clients thts the best i could guide u next is ur will and wish
ok, I live in South africa and want to work overseas... where would you say is the best and where would i make the most money????( if I work in a hotel or a beuaty spa)?????
Careers & Employment - 3 Answers
Random Answers, Critics, Comments, Opinions :
1 :
Stay at home till you know where you want to go.You wont get better advice.
2 :
u should go to london for this!
3 :
check out europe or america or india .... u come from aboard tht would be ur asset for spa . learn ur the specility of ur country . hotels through the world are open for chefs . earnin as waitress would generate more of tips from clients thts the best i could guide u next is ur will and wish
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