Beth - posted on 06/14/2011 ( 1 mom has responded )
Does anyone else babysit kids in your home? How do you do taxes?
I babysit two little boys two days a week, and get paid $100 per week. I'll only make about $4000 this year (since I started in April). Do I need to make a business and file as self employed? Or is there an amount you can make before you need to file taxes? If I need to file as self-eployed, do I need to keep track of my expenses (like food that I feed them)? Do I need reciepts for stuff? AUGH!!!! Help!!!!