Nanny share and schedule H

[bandb]

Client had a nanny share arrangement with another couple. Cash was paid, no W-2 issued. Can I prepare the return omitting the nanny or would ethical standards prohibit me?

?

[sjrcpa · Accepted solution]

Ethical standards would prohibit. The nanny should get a W-2 - or 2 (one from each couple)

[bandb]

taxpayer will accept "self prepared " without my signature. Can I ethically do that?

[abctax55]

ARE you getting paid?  ARE you a professional tax preparer?

[sjrcpa]

No you cannot ethically do that.

[Just-Lisa-Now-]

How much was paid to the nanny?  Don't you have to exceed a certain amount before a W2 needs to be issued?

[bandb]

well beyond the minimum for issuing a W-2

[IRonMaN]

Thinking “self prepared” will get you off the hook is like saying you can shoot someone and not get in trouble as long as the gun wasn’t registered to you.