I am on social security disability and I was offered a babysitting job that would give me around 300/month. Is it ok to do this and not loose my benefits. I am asking this question because the parents would want to use my social security number so they could write off as daycare. I don’t want to loose my benefits?
3 responses so far ↓
1 Domino
you are fine, even if you report it. it isn’t that much. you are allowed to make money and that won’t hurt you
2 Julie
you don’t have to report babysitting money while on social security disability. besides on ssd you can earn up to a wee bit over $800 per month before taxes and STILL keep your ssd!!!!!!!!!!!
3 MukatA
You should also note that this is your self-employment income. From this income you can deduct your actual expenses to earn this amount. If you net income (income minus expenses) is $400 or more, you must file your return.
Also your entire self-employment income is subject to 15.3% social security and medicare taxes.