(Closed) How much do you pay for childcare?

posted 7 years ago in Babies
Post # 32
Member
7884 posts
Bumble Beekeeper
  • Wedding: October 2010

MrsWBS   PM-ed you

Post # 33
Member
7310 posts
Busy Beekeeper
  • Wedding: October 2011 - Bed & Breakfast

@SoupyCat:  Your research matches up with what our accountant said. You can set things up as an independent contractor, but it’s technically illegal. It’s a risk that a lot of people take because going the “independent contractor” route significantly cuts down on the cost and complication of having a nanny. But if you (or your nanny) were to ever get audited, it would be game over if the IRS bothered to do any digging into your actual arrangement.  

Post # 34
Member
4369 posts
Honey bee

@lovekiss:  Yeah, that’s what I’ve found. And while the statute of limitations for tax filing errors is 7 years, there is no limit if you intentionally mis-file your taxes. I thought perhaps someone had found a good loophole. I was actually looking for housekeepers, rather than nannies, which is probably easier to claim independent contractor, because a housekeeper would likely have other clients.

Post # 35
Member
9681 posts
Buzzing Beekeeper

@beachbride1216:  I would love if my Fiance would agree to this, but he refuses to be my “house husband” as he calls it 😛

Post # 36
Member
2183 posts
Buzzing bee
  • Wedding: November 2011 - Florida Aquarium

@ExcitedScaredBee:  I totally understand where you’re coming from. I’m trying to work with my boss to convince her I can work from home full time. That way we would just have a part-time sitter come while I work, and I’d finish working while my husband is home. 

Post # 37
Member
9134 posts
Buzzing Beekeeper
  • Wedding: November 2013 - St. Augustine Beach, FL

@MrsPanda99:  Happy House Husband.  Tongue Out

In my social circle the women tend to be the breadwinners and there are multiple Happy House Husbands.  Mine is a writer so his job easily translates to working from home which he already does.  Another friend’s husband volunteers on political campaigns (their son is grown.)  Yet another does architecture work out of his home office while juggling their twins (I really respect that guy!)

Post # 38
Member
9681 posts
Buzzing Beekeeper

@beachbride1216:  My sister is just about to have twins (and they already have 2 other kids under 5) so they are debating what will be best for them after the twins are born. She works part time now, but she may stay home until all of the kids are in school for the very reason of day care prices :-

Her husband would love to stay home – he loves kids – but he makes most of the money, so that wouldn’t work, lol.

Post # 39
Member
10363 posts
Sugar Beekeeper
  • Wedding: September 2010

People at work say that daycare for an infant starts (!!!) at $1800/month for your average run of the mill daycare with regular (9-5) non-extended hours.

Which is why we will probably only have one kid. We can’t afford to have one of us stay home, and we can’t afford to have 2 kids in daycare simultaneously.

Post # 40
Member
453 posts
Helper bee
  • Wedding: September 2012

I’m in MD just outside of DC.  Home daycare is generally around $150-$200/week, daycare centers are generally $200-$300/week.  Some are more. There are a few options for 3 days a week at a reduced cost.  This is for infants.  My top choice is over $1500/month, we just can’t do it.  My next choices are $1200 a month and $293 per week, so almost the same price (of course the second is a bit more because there are 52 weeks/year).  My husband likes the home daycare with a nice sweet grandma and 2 other kids, and she’s $200/week.  We haven’t decided what we’ll go with yet.

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