The IRS recently announced the release of its 2022 Household Employer’s Tax Guide, highlighting several changes. You need to withhold and pay Social Security and Medicare taxes if cash wages of $2,400 or more are paid in 2022 to any one household worker (up from $2,300 in 2021). You don’t count wages paid to a spouse, child under age 21, parent or anyone who is under age 18 at any time in 2022. Household workers include nannies, housecleaners and health aides. Also, the COVID-19-related credit for qualified sick and family leave wages has expired. It was limited to leave taken after March 31, 2020, and before October 1, 2021. To read IRS Pub. 926: https://bit.ly/3BkimTH
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