@VolvoGirl wrote:
Another consideration might be if you are planning to take the Child Care Credit for it on your return.
I don't know why that would be a consideration. If not claimed as a deduction then the IRS might never catch any failure to report the income on the grandmothers part, but that that does not allow one to violate tax law just because they might not be caught.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
