Do you pay your parents for taking care of your kid?
Wife wants to pay but I feel weird.
Parents are retired, kids need to be taken care of for weekdays
What do you guys think?
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- Wipro VendettaVIf u pay, that means ur parents r ur workers. If u wanna reward them, reward them with ur time, ur love. These are most valued things.
- SAP / EngOIva73moreLegally, if you pay anyone whatsoever to take care of your kids, you are liable for employer taxes (nanny taxes). Use care.com for their tax payment services.
That being said, my cpa said: they’re your parents, it’s a monetary gift, irs won’t care so long as it’s your parents only.
- Microsoft / EngSenoritaWEDo you cover any of their expenses? Will you take care of them when they get old (not send them to nursing home?)
- Apple AppleCarLife is not so black/white. They are doing it to help you and for the love of their GC.
Give the same in return, help monetarily or in other ways, fixing their home, making things comfortable for them, taking them to vacations and love them and be there for them when they need it in old age.
Also, acknowledge their gesture
I feel by outright paying you are dis-respecting thier love and saying “ok we paid you for doing this, so don’t expect anything in return”