The ultimate, and in some ways unexpected, impact of The Mystery of the Gentiles is something that even those dedicated to the pursuit of truth may initially find difficult to accept, especially in light of its spiritual, eschatological and political ramifications.
Babysitting qualifies as a business under tax law, so you will have to file a Form 1040 Schedule C, Profit or Loss from Business, or short form Schedule C-EZ when you do your taxes. Depending on how much you earned, you may also have to file Schedule SE and pay self-employment tax on your babysitting income. Schedule C or C-EZ
If you received dependent care benefits from your employer (an amount is shown on your Form W-2 (PDF), Wage and Tax Statement), you must complete Part III of Form 2441. You can't claim the child and dependent care credit if you use Form 1040EZ (PDF), Income Tax Return for Single and Joint Filers With No Dependents. Additional Information For more information about qualifying for this credit and dependent care benefits, refer to Publication 503, Child and Dependent Care Expenses, and Am I Eligible to Claim the Child and Dependent Care Credit?