Does my 79 year old mom have to pay taxes for the money I pay her for babysitting my kids?

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Ghanemusa Asked March 2018

Does my 79 year old mom have to pay taxes for the money I pay her for babysitting my kids?

My 79 years old mom who lives with us for free and has no income at all is babysitting my kids. I give her $1200 a month so she can have money to buy what ever she likes. Does she have to pay income taxes and self employed taxes for the money I am giving her for babysitting? I do get food stamps and I did report to them that I do give my mom this money. Since it is counted as expenses for me. I need your advice. Thank you

Financial Planning Taxes

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score 1 · Answer 1

If you're claiming the money you pay her as a deductions on your taxes, you have to list to whom you're paying this money. Eventually the IRS will figure out that mom is "making money"--she would be in a very low tax bracket, but you better see a tax specialist ASAP.

Why isn't she getting any SSI at all?

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score 1 · Answer 2

I agree with cwillie. Sorry but 1200 would buy lots of food. Mom gets no SS? If she isn't she can't get SSI?
I would chalk up the babysitting as her contribution to the home.

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score 1 · Answer 3

I'm pretty sure that she does because you are claiming it as an expense. This can get complicated, you should consult a tax specialist.

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Does my 79 year old mom have to pay taxes for the money I pay her for babysitting my kids?

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