# Nanny Pay, tax, other expenses

**URL:** <https://community.nannylane.com/t/nanny-pay-tax-other-expenses/2116>\
**Category:** General\
**Created:** [May 15, 2020, 2:26pm UTC](https://community.nannylane.com/t/nanny-pay-tax-other-expenses/2116 "2020-05-15T14:26:15Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![srushbri](https://avatars.discourse-cdn.com/v4/letter/s/9de0a6/32.png) [@srushbri](https://community.nannylane.com/u/srushbri)\
**Post date:** [May 15, 2020, 2:26pm UTC](https://community.nannylane.com/t/nanny-pay-tax-other-expenses/2116/1 "2020-05-15T14:26:15Z")

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Hello all, due to covid our child-care situation has changes and now we are scrambling to look for new care. I’m wondering how pay works for nannies.

So far I have found I will need to consider Medicare, SS, unemployment insurance (both federal and state), Workers comp and sick time (possibly PTO). Additionally, we will need gas reimbursement if/when they need to commute our kids.

We are looking for part time work (12-18hrs/week)

So how does this work? If we pay $XX/hour is this post all those expenses? I ask because most of the blogs talk about those as after expenses. however, all jobs I have had have deducted Medicare and SS form my check. Sick time being lumped with PTO. Workers comp and unemployment was the only one i figured would be paid separately.

Also I read Federal and State taxes don’t need to be withheld. is this right?

For parents out there - do you manage your own account? ($500-$700/year is a lot for a company so I’m hoping i can get some advise for DIY)  
Do you have a bank account/saving account dedicated to this?

Am I forgetting anything to consider?