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Mentorship Application Forename: Address: Postal Code: Phone (H): Phone (W): Email: CPA #: College Registration # Insurance # Intermediate MentorshipAdvanced MentorshipLevel III UpperLevel Instructor:
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Phone H is a form required by the IRS for certain tax reporting, which involves the reporting of household employment taxes.
Employers who pay household employees, such as a nanny or housekeeper, and have incurred taxes for the household employment must file Phone H.
Phone H should be filled out by providing the required information, including the employer's and employee's details, total wages paid, and taxes withheld. It's usually filed along with the employer's federal income tax return.
The purpose of Phone H is to report and pay household employment taxes, ensuring compliance with federal tax regulations for individuals employing domestic workers.
Phone H must report total wages paid to household employees, the amount of Social Security and Medicare taxes due, and any federal income tax withheld.
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