breaking down the schedule h form
TRANSCRIPT
Breaking Down the
Schedule H (Form 1040)
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What is the Schedule H?
Schedule H, Household Employment Taxes, is used to report taxes paid to household employees.
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• If you paid a household employee cash
wages of $1,900 or more during a calendar
year.
• If you withheld federal income tax for a
household employee during a calendar year.
• If you paid total cash wages of $1,000 or
more in any calendar quarter of the current
or previous year to all household
employees.
When Do You Need to
Pay It?
So, Is the Person in Your Home
Considered an Employee?
The IRS defines a household employee as:
“If you hired someone to do household work and
you could control what work he or she did and
how he or she did it, you had a household
employee. This is true even if you gave the
employee freedom of action. What matters is that
you had the right to control the details of how the
work was done.”
• Nanny
• Babysitter
• Caretaker
• Private Nurse or
Health Aide
• Housekeeper or Maid
Household Employees
May Include
• Gardner or
Landscaper
• Personal Chauffer
• Personal Chef
• Personal Assistant
Where & When to File
Schedule H?
File Schedule H at the same time as your Form 1040 by the April deadline.
If you use SurePayroll, we’ll provide you with a signature-ready Schedule H, making it really easy.
Exception
If you file for an extension, you can hold off on your Schedule H and send it with your new due date.
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2 Things to Know for
Record Keeping
Keep copies of Schedule H for a minimum of 4 years from due date.
Copyright © 2014 A Paychex Company.
2 Things to Know for
Record Keeping
Each payday, record and keep amounts and dates for:• Non-cash & cash wage payments• Social Security & Medicare withheld• Federal Income Tax
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