Those Darn Nanny Taxes

Amy Dunkin

Last week, my 2005 Schedule H packet arrived in the mail. Sked H, if it doesn't ring a bell, is the sheet you attach to your federal income tax return that reports your household employment taxes--aka, in the case of most working parents, the trio of so-called nanny taxes made up of FICA and FUTA (Social Security and Medicare taxes, plus federal unemployment tax.)

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