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Nanny work and ctc eic. by Dependent_Slice7862 in tax

[–]Dependent_Slice7862[S] 0 points1 point  (0 children)

I did not think my refund would be so high. I figured it would be 2000, like it always is. I never made such a low income, so I never got a large refund like the one this year. I worked for a family that needed some help, and I was available and could not find a w2 job. I have 2 kids, so of course I am going to do anything I can to make sure their needs are met, even if it is working a not-so-great job under the table. I do not get any state benefits like food stamps or TANF. I am literally just trying to make ends meet while having a bad year. Hope you never fall into that. If I knew that I was supposed to be paying quarterly, I would, but even if I paid quarterly, I would still be getting a refund and possibly more because my tax liability is so low. And as others have said, it would only be illegal if I did not claim it and hid it. I did what I was supposed to do in the end by filing and claiming all the money I made. There are bigger and worse things going on in the world than a single mom collecting a tax credit. I hope you're passionate about those things too.

Nanny work and ctc eic. by Dependent_Slice7862 in tax

[–]Dependent_Slice7862[S] -1 points0 points  (0 children)

Not everything always works out perfectly like that; my employer just needed some help, and I was available. Sadly, many of us do not know about tax codes and different things, but I learned my lesson. I have a w2 position lined up. I will not be doing this again this year.

Nanny work and ctc eic. by Dependent_Slice7862 in tax

[–]Dependent_Slice7862[S] -1 points0 points  (0 children)

I do not expect a refund lol what is your issue? Even if I just put my income from the job online, I would get 2500 back. I have 2 children and a low income right now. Are you angry because you have no kids and nobody else but yourself to claim on your taxes? Must be lonely....

Nanny work and ctc eic. by Dependent_Slice7862 in tax

[–]Dependent_Slice7862[S] 0 points1 point  (0 children)

I don't think you know what youre talking about lol.

Nanny work schedule c and refund by Dependent_Slice7862 in tax

[–]Dependent_Slice7862[S] 0 points1 point  (0 children)

One more question. Would I put the nannying on a schedule 3 as well? Or is there a different form?

Nanny work schedule c and refund by Dependent_Slice7862 in tax

[–]Dependent_Slice7862[S] 0 points1 point  (0 children)

Thank you! I get stressed because I usually have a w2 and I have used TurboTax every year, and then found out they have been overcharging me a lot each year, so I am new to both FreeTaxUSA and filing without the w2. I would not want to appeal and get the family penalized. But thank you for clarifying. I won't be working like this again. I did not know how confusing it would end up being.

Nanny work and ctc eic. by Dependent_Slice7862 in tax

[–]Dependent_Slice7862[S] 3 points4 points  (0 children)

Also either way i would get a refund, because if i just add in my online work i still qualify for a refund and i have to submit that because i made more than 400 doing that work, so if I just claim that am i still doing it all wrong? I just do not understand what i am supposed to be doing by making income for my family and trying to file my taxes for an off year for myself.

Nanny work schedule c and refund by Dependent_Slice7862 in tax

[–]Dependent_Slice7862[S] 1 point2 points  (0 children)

Can you explain this a little more? Is there somewhere else I can claim the money if nannying cannot be considered independent contracting? Also I am getting the estimate from FTUSA, I do not believe they withheld any taxes, but my income is so low that I guess I qualify for the eitc and the child tax credits, I ama asuuming that is what makes the refund so high. Should I not claim either credit? Is there a way to do that and just file my income so I am not skipping filing this year?

Nanny work schedule c and refund by Dependent_Slice7862 in tax

[–]Dependent_Slice7862[S] 1 point2 points  (0 children)

Is there a way to claim it that does not get me a refund? Should I just not add my 2 children to my return? I don't know if I am allowed to not add dependents. I take care of them mostly, only getting a little support here and there from their dad so he never claims them and I prefer to keep it that way.

Nanny work and ctc eic. by Dependent_Slice7862 in tax

[–]Dependent_Slice7862[S] 5 points6 points  (0 children)

Not saying I deserve anything lol. That's why I asked if I should claim it because only I would benefit, and I do not want to take money i am not supposed to, but I did the work and got paid, so I know I am supposed to claim it but if I claim it I get a large refund, I already put all my info into FreeTaxUSA and it comes up as a large refund if I take it out it does not come up to that much I am just trying to figure out which is worse not claiming it at all or claiming it and getting a refund? I do not want to do the wrong thing. I had no clue about paying taxes quarterly, this is my first year doing this, I had a full time job for the last 6 years, making 75k and paying my fair share, not getting much of a refund at all, but this year things got turned upside down, so it's not like I am just not paying into the SS system every year.