0

According to Publication 926 (2019), Household Employer's Tax Guide, "Cash wages include wages you pay by check, money order, etc."

Do cash wages also include wages I pay electronically, ie, without paper, eg, with PayPal, credit card, cryptocurrencies, etc?

  • How do you pay wages with a credit card? – D Stanley Feb 4 at 16:54
  • @DStanley, if your household employee accepts credit card, eg, via Square. – ma11hew28 Feb 4 at 17:39
4

To my knowledge, yes, since those are just platforms to transfer funds.

Non-cash wages would include things like lodging (meaning you provide lodging, not pay for lodging someone else provides), food, clothing, etc. that have utility other than as a means of currency exchange.

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Not the answer you're looking for? Browse other questions tagged or ask your own question.