My children's in-home daycare provider just recently hired me as a "helper" at the daycare. I am wondering what I need to do for filing and taxes (what to withhold, when to pay, where to pay, etc)? I am familiar with the more basic returns from my accounting/income tax classes in tech school a few years back, but I am at a loss here.

Her tax lady said that I should create my own daycare name and to get my own tax id number and file as my own business or something like that.. She made mention of a 1099 form.

What form do I actually need for that? Schedule C maybe?

How to I calculate what I need to pull out of my paychecks for my taxes, when do I send in my taxes(quarterly?), and where do I send them?

Thank you in advance for the help!

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