Live-in self-certification form (soc 2298)?
I'm a little confused on this form. Can someone tell me if this just means I'd have to pay taxes at a later date?
Or because I'm a provider and living with my recipient I don't have to pay taxes?
- Anonymous1 month ago
This is a waiver form to allow the payer to not withhold state or federal taxes.
(Fica and Medicare still apply). By filling it out, you are claiming that you can legally exclude the income from your tax return.
Make sure you qualify before signing the form.