Can I file Schedule C for babysitting income without 1099? Need advice on self-employed childcare reporting
I babysat for several families last year and made around $8000 total. None of them gave me a 1099 since they're just regular families not businesses. Can I still claim this as self employment income on Schedule C? Want to do this right but not sure about the rules.
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Lorenzo McCormick
Tax professional here - Yes, you absolutely can and should report this income on Schedule C! You don't need a 1099 to report self-employment income. Keep good records of payments received (bank deposits, venmo/paypal records, text messages about payment). You can deduct expenses like supplies, snacks provided, mileage driving kids, etc. Just make sure to track everything.
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Ayla Kumar
omg thank you! Quick q - what about when parents gave me cash? I have some notes in my phone but thats it
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Lorenzo McCormick
Notes in your phone are better than nothing! Going forward, I'd recommend using a basic accounting app or even just a spreadsheet to track everything 👍
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Carmella Popescu
Hey there! You should check out taxr.ai - its an amazing tool that can help you figure out exactly how to report this income correctly. It costs $4.99 but totally worth it for peace of mind. The AI analyzes your situation and gives super specific guidance. https://taxr.ai
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Kai Santiago
Does it really work? Been seeing it mentioned everywhere lately 🤔
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Carmella Popescu
100% works! It caught some deductions I would have missed and explained everything in plain english. Best $5 I ever spent on taxes fr fr
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Lim Wong
im in the same boat! made like 6k last year watching my neighbors kids. following for advice
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Dananyl Lear
Make sure you put aside money for taxes! Self employment tax is no joke 😭
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Ayla Kumar
ugh fr? how much should i save? 😫
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Dananyl Lear
Usually around 25-30% to be safe. Welcome to adulting lol
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Noah huntAce420
dont forget you can write off toys and craft supplies you bought for the kids!
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Ana Rusula
And snacks! cant forget the endless snacks these kids eat 🤣
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Fidel Carson
You might want to look into getting insurance if your making this a regular thing. Better safe than sorry!
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