Home
Log in / Sign Up
    Private Messages   Advanced Search   Rules   New User Guide   FAQ   Advertise   Contact Us  
Forum -> Working Women
Getting money back for your childs babysitter



Post new topic   Reply to topic View latest: 24h 48h 72h

cb




 
 
    
 

Post Mon, Dec 14 2009, 6:11 pm
I heard there is some type of 'service' if you work for the government you can get back the money for your baby's babysitter /playgroup. anyone know what I am talking about? I need more info, figured I will try here first.
Back to top

Twizzlers




 
 
    
 

Post Tue, Dec 15 2009, 11:08 am
I'm not sure if this is what you're talking about, but you can get some kind of "childcare" money back on your paycheck that is tax free. ask your payroll department about it.
Back to top

iriska_meller




 
 
    
 

Post Tue, Dec 15 2009, 11:11 am
Even if it does exist, be prepared that your babysitter needs to be paid by check and you will need to provide her SSN.
Back to top

chocolate moose




 
 
    
 

Post Tue, Dec 15 2009, 11:21 am
I only had a child care provider that was legal, for that reason.
Back to top

ChutzPAh




 
 
    
 

Post Tue, Dec 15 2009, 11:22 am
It is only for legal day care or babysitting situations, and it's not only for people who work for the govt. Many companies have tax free child care spending accounts as a benefit.
Back to top

Orchid




 
 
    
 

Post Thu, Dec 17 2009, 10:45 pm
If your company does not provide that benefit, you can still claim the expense as a credit on your tax return. But as others said, the provider must report the babysitting income on HER tax return and provide her social security number to you.
Back to top

Tova




 
 
    
 

Post Fri, Dec 18 2009, 2:23 pm
Yup, sitter needs to be licensed and you preferably need her EIN/SSN (if she doesn't want to give it to you you can fill out a special form and still claim it).

Option one is a dependent care flex account in which up to $5,000 is withheld from your paycheck by your company tax free. This is paid to your sitter.

Option two is that you claim the dependent care credit when you file your taxes.

Often unlicensed sitters are cheaper, so it all evens out even though you don't get the tax benefit.
Back to top

cb




 
 
    
 

Post Mon, Dec 21 2009, 9:31 pm
thanks so much for all your replys.
I will pass it on to dh, he undertands these things better that I do. Smile
Back to top

DovDov




 
 
    
 

Post Wed, Dec 23 2009, 10:34 am
You can sometimes use the child care deduction for preschool, if the main reason your child is in preschool is to enable you to work.

the care provider can't be a relative.
Back to top
Page 1 of 1 Recent Topics




Post new topic   Reply to topic    Forum -> Working Women

Related Topics Replies Last Post
[ Poll ] When do you flip kitchen back - vent
by amother
74 Today at 4:28 pm View last post
Baby carrier for newborn (sensitive back)
by amother
7 Today at 3:08 pm View last post
Shells are back in style!? How does one
by amother
31 Fri, Apr 26 2024, 6:25 pm View last post
by GLUE
I want my $40,000 a month paycheck back…
by amother
149 Mon, Apr 22 2024, 2:41 am View last post
Yeshivish: Are high school girls getting talk only? Or text?
by amother
6 Sun, Apr 21 2024, 3:08 pm View last post