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Deductions & credits
Follow up question from my mom:
If my daughter pays me 12,000 for caring for my grandchildren in my own home, how do I report this as income, is it taxable income, and can she still claim the childcare tax credit?
She showed me how to report it with the "HSH " notation but I'm not caring for them in her home. Does this matter?
March 21, 2024
11:26 AM