Attention all day care provider

Posted: Wed, Mar 10 2010, 11:53 pm Post subject: attention all day care provider

hey I run a day care not licensed and someone brought up filing for day care to get money back. do any of you do it. what do you have to give them. how does it affect you. I plan on mostly filing taxes correctly and what not so im not sure if its that big of a deal. please let me know.

thanks

Gold Member Joined: Oct 19 2004 Posts: 1109

Could you reword your question in a way that makes sense? I do not know what you are asking and why are you saying you plan on "mostly filing" honestly????

Posted: Thu, Mar 11 2010, 12:54 am Post subject:

I'm not a daycare provider, nor an accountant, but I claim the childcare tax credit on my taxes. I get the tax ID # of the daycare place and that's enough, although I believe you can provide your clients with your SS# if you don't have a tax id#.

I'm not sure what you mean by mostly filing correctly, but I'm sure you know that you should claim all income you make on your taxes. if your clients claim to have paid you a certain amount on your taxes, you must be certain to report that as earned income.