- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
What attaches the payment to childcare?
I happen to pay a ton of my parents' bills (car, insurance, cable, electricity, etc) because they don't make much $. They also happen to occassionally babysit my child because they are his grandparents.
What if OP paid his parents' bills (rent, phone, car, etc), and separately, the grandparent takes care of the baby because they're the grandparent and grandparents want to spent time with their grandchild.
(Obviously OP wouldn't be able to claim the Child Tax Credit, but least it wouldn't be reportable income to the grandparent, right?).
I happen to pay a ton of my parents' bills (car, insurance, cable, electricity, etc) because they don't make much $. They also happen to occassionally babysit my child because they are his grandparents.
What if OP paid his parents' bills (rent, phone, car, etc), and separately, the grandparent takes care of the baby because they're the grandparent and grandparents want to spent time with their grandchild.
(Obviously OP wouldn't be able to claim the Child Tax Credit, but least it wouldn't be reportable income to the grandparent, right?).
‎July 19, 2019
9:55 PM
2,931 Views