Adventures in Babysitting

by Steve MacDonald

Hello IRS?  I need Schedule C (Form 1040), Profit or Loss From Business

Hello IRS? I need Schedule C (Form 1040), Profit or Loss From Business

J.Robert Smith has a good article at American Thinker on Republicans taking back the tax issue, and that is certainly true,  but there were two things in particular that stood out to me…

First, the current US tax code consists of almost 74,000 pages.  (What the…)

Second, on one of those pages can be found this. (paragraphs appear here in reverse order from the IRS code for the sake of continuity)

Babysitting.  If you babysit for relatives or neighborhood children, whether on a regular basis or only periodically, the rules for childcare providers apply to you.

Childcare providers.  If you provide childcare, either in the child’s home or in your home or other place of business, the pay you receive must be included in your income. If you are not an employee, you are probably self-employed and must include payments for your services on Schedule C (Form 1040), Profit or Loss From Business, or Schedule C-EZ (Form 1040), Net Profit From Business. You generally are not an employee unless you are subject to the will and control of the person who employs you as to what you are to do and how you are to do it.

(What the 2 … )

Leave a Comment

  • mer

    So, kids under the working age limit all of a sudden become self employed? Do they have to form a corporation, LLC, whatever, pay quarterly, pay into SS and Medicare?

    Anything in the regs about filing if you open a lemonade stand?

  • Chris P. Bacon

    The reason the tax code is so huge is so that there are enough loopholes that the people who can afford to figuere them out and cheat, do. The system is set up so that it is almost immpossible to do anything if you are doing everything legally. Let freedom rain!!

    cpb- Tshirt of the day: Freedom isn’t free, it’s an illusion.

    • C. dog e. doG

      Uncle Sam’s Tax Code: 74K pages defining terms and conditions of your servitude.
      – C. dog chaffing at his collar

  • C. dog e. doG

    Gee, according to the IRS rulebook (“you are subject to the will and control of the person who employs you as to what you are to do and how you are to do it”), sounds like most U.S. citizens are subjects, er, employees of Uncle Sam in all his many manifestations. C. dog Nostradamus sees a sharp uptick in black-market babysitters, leaf corralers, landscrapers, and heavy metal changers. I bet there might also be more barters and cash payments in efforts to reduce burdensome paperwork. That’s the thrifty Yankee doodle dandy way.
    – C. dog

    • Chris P. Bacon

      yuppers. So if you don’t at least 1099 your babysitter, you are a bad, bad, person.

      • C. dog e. doG

        LOL kinda stuff Chrisp. You’re flyin’ so low under the radar these days that it’s taking me two ore three takes before I chuckle, but the wait is worth it.
        – C. dog

        • Chris P. Bacon

          i said 1099 right?…yea…just checkin’.

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