Explain My Paycheck

What is the nanny tax?

Social Security & Medicareintermediate3 answers · 5 min readUpdated February 28, 2026

Quick Answer

The nanny tax requires you to pay Social Security and Medicare taxes (7.65% employer portion plus 7.65% employee portion) when you pay a household employee $2,700 or more in 2026. You're also responsible for federal unemployment tax (FUTA) at 6% on the first $7,000 of wages, though credits can reduce this to 0.6%.

Best Answer

SC

Sarah Chen, Payroll Tax Analyst

Families who employ nannies, housekeepers, gardeners, or other household workers

Top Answer

What triggers the nanny tax?


The nanny tax kicks in when you pay any household employee $2,700 or more during 2026 (this threshold adjusts annually for inflation). According to IRS Publication 926, household employees include nannies, babysitters, housekeepers, yard workers, and private nurses who work in your home.


Once you hit the $2,700 threshold, you become an employer and must:

  • Pay the employer portion of Social Security and Medicare taxes (7.65%)
  • Withhold the employee portion of Social Security and Medicare taxes (7.65%)
  • Pay federal unemployment tax (FUTA) on the first $7,000 of wages
  • Provide the employee with Form W-2 by January 31
  • File Schedule H with your personal tax return

  • Example: Nanny earning $40,000 annually


    Let's say you pay your nanny $40,000 per year. Here's your tax responsibility:


    Social Security and Medicare taxes:

  • Employee portion: $40,000 × 7.65% = $3,060 (withheld from nanny's pay)
  • Employer portion: $40,000 × 7.65% = $3,060 (you pay out of pocket)
  • Total FICA taxes: $6,120

  • Federal unemployment tax (FUTA):

  • FUTA rate: 6.0% on first $7,000 of wages
  • Before state unemployment credit: $7,000 × 6.0% = $420
  • After state unemployment credit (typically 5.4%): $7,000 × 0.6% = $42

  • Your total annual tax burden: $3,102 ($3,060 employer FICA + $42 FUTA)


    State requirements vary significantly


    Most states have additional requirements:

  • State unemployment insurance (SUI): Rates vary by state, typically 0.5% to 6% on wage base
  • Workers' compensation insurance: Required in most states
  • State disability insurance: Required in states like California, New York, New Jersey
  • Paid family leave contributions: Required in some states

  • Key factors that affect your obligations


  • The $2,700 threshold is per worker: If you have two part-time housekeepers earning $1,500 each, no nanny tax applies
  • Cash payments count: Whether paid by check, cash, or direct deposit doesn't matter
  • Age doesn't matter: The nanny tax applies regardless of the worker's age
  • Family relationship exception: You don't owe nanny tax for your spouse, children under 21, or parents (with exceptions)

  • What you should do


    1. Track all payments to household employees from day one

    2. Set up payroll when you approach the $2,700 threshold

    3. Register for an Employer Identification Number (EIN) if you don't have one

    4. Consider using a household payroll service to handle calculations, withholdings, and filings

    5. Budget for the additional costs — plan for roughly 8-15% more than the employee's gross wage


    Key takeaway: The nanny tax requires you to pay 7.65% in employer taxes plus handle withholdings and reporting when you pay any household employee $2,700+ annually. Budget an extra $3,000-$6,000 per year for a full-time nanny earning $40,000.

    *Sources: [IRS Publication 926](https://www.irs.gov/pub/irs-pdf/p926.pdf), [Schedule H Instructions](https://www.irs.gov/pub/irs-pdf/i1040sh.pdf)*

    Key Takeaway: The nanny tax requires paying 7.65% employer FICA taxes plus FUTA when household employee wages exceed $2,700 annually, adding roughly $3,000+ in costs for a full-time nanny.

    Nanny tax obligations by household employee wage levels

    Annual WagesEmployer FICAEmployee FICAFUTATotal Employer Cost
    $15,000$1,148$1,148$42$1,190
    $30,000$2,295$2,295$42$2,337
    $50,000$3,825$3,825$42$3,867

    More Perspectives

    MR

    Marcus Rivera, Compensation & Benefits Analyst

    High-income families who can afford full-time household staff and need to understand compliance requirements

    Why high earners face additional scrutiny


    As a high-income earner, the IRS pays closer attention to your tax filings, making nanny tax compliance critical. Failing to pay nanny taxes is tax evasion, and the penalties can be severe — especially for those in high-visibility positions.


    The real cost for high earners


    Beyond the basic FICA taxes, high earners face additional costs:

  • State-specific requirements: California's State Disability Insurance adds 0.9% on wages up to $153,164
  • Workers' compensation insurance: Can cost $500-$2,000 annually depending on your state
  • Umbrella insurance increase: Adding household employees may increase your liability coverage needs

  • Example: Multiple household employees earning $60,000 combined


    Many high-earning families employ multiple workers — a nanny ($35,000), housekeeper ($15,000), and gardener ($10,000):


    Your annual tax obligations:

  • Employer FICA: ($35,000 + $15,000 + $10,000) × 7.65% = $4,590
  • FUTA (per employee): 3 employees × $42 = $126
  • State unemployment (estimated): $60,000 × 2% = $1,200
  • Total: ~$5,916 annually

  • Strategic considerations


    Quarterly estimated taxes: Add your nanny tax obligations to your quarterly payments to avoid underpayment penalties. The employer portion isn't withheld from your W-2, so you must account for it.


    Business structure options: Some high earners create family management companies or LLCs to handle household employees, though this adds complexity and may not provide tax benefits.


    Key takeaway: High earners should budget 10-15% above wages for full nanny tax compliance and consider professional payroll services to avoid costly mistakes that could damage their reputation.

    Key Takeaway: High earners should budget 10-15% above wages for complete nanny tax compliance and consider professional payroll services to avoid reputational risks from tax violations.

    SC

    Sarah Chen, Payroll Tax Analyst

    Workers who have both W-2 employment and household employee income, creating complex tax situations

    When you're both employee and household employer


    If you work a regular W-2 job and also employ household workers, you'll handle Social Security and Medicare taxes from both sides. This creates unique considerations for tax planning and cash flow.


    Social Security wage base coordination


    For 2026, Social Security taxes apply to the first $176,100 of combined wages. If your W-2 job already maximizes this:

  • You still owe the employer portion of Social Security tax on household employees
  • Your household employee still owes their portion (they may get a refund if they also exceed the wage base)

  • Example: W-2 employee earning $120,000 who employs a nanny


    Your situation:

  • W-2 wages: $120,000 (Social Security tax: $7,440 withheld)
  • Nanny wages paid: $30,000
  • Combined wages: $150,000 (still under the $176,100 Social Security wage base)

  • Your nanny tax obligations:

  • Employer FICA on nanny wages: $30,000 × 7.65% = $2,295
  • Employee FICA to withhold: $30,000 × 7.65% = $2,295
  • FUTA: $42
  • Total out-of-pocket: $2,337

  • Cash flow management


    Unlike your W-2 job where taxes are withheld automatically, you must:

    1. Increase W-4 withholdings to cover the employer FICA taxes

    2. Make quarterly estimated payments if withholdings aren't sufficient

    3. Maintain separate records for household employee expenses


    Tax filing complexity


    You'll need to:

  • File Schedule H with your Form 1040
  • Issue Form W-2 to household employees
  • Coordinate with your tax preparer about the additional income and expenses

  • Key takeaway: Multiple-job workers face cash flow challenges with nanny taxes since employer FICA isn't withheld automatically — plan to increase W-4 withholdings or make quarterly payments to cover the additional $2,000-$5,000 annual cost.

    Key Takeaway: Workers with both W-2 jobs and household employees must manage cash flow carefully since employer FICA taxes aren't withheld automatically from their paychecks.

    Sources

    nanny taxhousehold employeessocial securitymedicarefutadomestic workers

    Reviewed by Sarah Chen, Payroll Tax Analyst on February 28, 2026

    This content is for educational purposes only and is not a substitute for professional tax advice. Consult a qualified tax professional for advice specific to your situation.