Form 1040 Schedule H Household Employment Taxes

Instructions and help about Form 1040 Schedule H Household Employment Taxes

all right so in this video i wanted to cover schedule h the household employment tax form uh that is included with the form 1040 every year if you as a taxpayer hire someone that works for you full time as a household employee right so this is either cleaner house worker nanny if you have children maybe a groundskeeper what do you need to do if that person is a deemed an employee and you as the employer need to comply with various federal and state uh payroll tax and reporting obligations right so the first issue in most cases if you hire somebody to do one of these jobs they're probably going to be a contractor right so we have to ask ourselves is this an employee or is this a contractor if they're if they're setting their own hours they work for other customers and clients they're probably a contractor if they're more exclusive to you and you direct more of what they're doing on a regular basis then maybe an employee only employees need to be reported on schedule h contractors you're