Sch H>>>>Please help!

[adamkelly]

Client's nanny earned 12k from 1/1/07-6/30-07, 2k/month, 6k/qtr.

Answers to A thru C are Yes and I'm supposed to skip Part I? What the..? Where else does FICA and FIT calc? Anyway, I fill out Part I and...

Withholdings are: SS 12.4% $1488 + MC 2.9% $348 + FIT $650 = $2486

Line 9 = Yes. Then I fill out Part II and...Line 10 = Yes, Line 11 = Yes, but not yet(pay with return), Line 12 = Yes

Then I fill out Section A. Line 15 = $56, Line 16 = $7000, Line 17 = $56

Then fill out Part III and...Line 26 = $0 WHAAAAT? Should be $2486! What am I doing wrong?

Adam

[Julie]

I haven't done one of these, but it looks like maybe you're telling it the taxes have already been paid.

Client's nanny earned 12k from 1/1/07-6/30-07, 2k/month, 6k/qtr.

Answers to A thru C are Yes and I'm supposed to skip Part I? What the..? Where else does FICA and FIT calc? Anyway, I fill out Part I and...

Withholdings are: SS 12.4% $1488 + MC 2.9% $348 + FIT $650 = $2486

Line 9 = Yes. Then I fill out Part II and...Line 10 = Yes, Line 11 = Yes, but not yet(pay with return), Line 12 = Yes

Then I fill out Section A. Line 15 = $56, Line 16 = $7000, Line 17 = $56

Then fill out Part III and...Line 26 = $0 WHAAAAT? Should be $2486! What am I doing wrong?

Adam

[SueC]

Once you answer Yes to Question A, it tells you to skip Question B and C and go to line 1. Line 1 through 8 will calculate SS, Medicare and w/h. Then when you get to line 26, You haven't checked Yes on Line C (on page 1), so you bring the net taxes forward from Line 8 instead of putting -0- on that line.