What is the name of your state? CT
For tax purposes, I will like to take advantage of the depented child credit next year. This year I have a situation with my babysitter and I can claim the deduction. But for next year I will like to claim it. The question is if I have a private babysitter how do we go by claiming this in her taxes so I can claim the credit in my taxes? I'm going to pay her cash. What do we have to do about the income she is going to received this year? Does she has to paid taxes on that money?
Thank you
RLR
For tax purposes, I will like to take advantage of the depented child credit next year. This year I have a situation with my babysitter and I can claim the deduction. But for next year I will like to claim it. The question is if I have a private babysitter how do we go by claiming this in her taxes so I can claim the credit in my taxes? I'm going to pay her cash. What do we have to do about the income she is going to received this year? Does she has to paid taxes on that money?
Thank you
RLR