Work as Nanny, did not get W-2 just a letter with total amount paid for child care. Where do I report this income. This is my only income.

If you were employed in their home, they would need to issue you a W-2. If not, enter your income on Schedule C as cash.

Follow these steps to go to the Schedule C section of your return:

On the top right corner of TurboTax online screen, click on Search (or for CD/downloaded TurboTax locate the search box in the upper right corner).

1. Type in “schedule c” (or for CD/downloaded TurboTax, click Find).
2. Click on “Jump to schedule c”.
3. Click on the blue “Jump to schedule c” link

Employees:

People who work around your house under your direction are generally household employees. These include housekeepers, maids, babysitters, gardeners, and others. Contractors (like repairmen or plumbers) and other business people who work for you as independent contractors, aren't your household employees. The main difference is that you control what household employees do and how they do it.

If you pay a household employee cash wages of $2,300 or more for 2021, then you need to withhold and report both Social Security and Medicare taxes from their pay. You generally must withhold 6.2% of Social Security and 1.45% of Medicare taxes (for a total of 7.65%) from all cash wages you pay to that employee. You also must pay your share of Social Security and Medicare taxes, which is also 7.65% of cash wages. (Cash wages include wages you pay by check, money order, etc.) Unless you prefer to pay your employee's share of Social Security and Medicare taxes from your own funds, you should withhold 7.65% from each payment of cash wages you make to the employee and pay this amount, along with your matching share, to the IRS.

There are some exceptions to these withholding requirements, including payments made to:

• Your spouse
• Your child who is under age 21
• Your parent, unless an exception is met
• An employee who is under age 18 at any time during the year, unless this work is their principal occupation. If they are a student, this work is not considered their principal occupation

You aren't required to withhold federal income taxes from your household employees' pay, but you can. If you and your employee agree to do this, IRS Publication 15 Circular E, Employer’s Tax Guide can guide you through this process.

Additional filing requirements might include Federal Unemployment Tax (FUTA), State Unemployment Tax (SUTA), and Forms W-2 and W-3 for any federal withholding that you did during the year. Also, you'll need to file Schedule H, Household Employment Taxes, with your individual tax return.