If you are working as a nanny and you have agreed to be paid as an independent contractor, it is important for you to know how to pay your taxes properly. Here are some important must-knows about filing taxes for independent contractors.
Do be aware, however, going into this that 1) you will be responsible for tax payments that legally are your employer's responsibility and 2) you will be ineligible for unemployment benefits when the job ends. These are two compelling reasons to insist on legal pay.