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Serafinayrto
Level 2

Childcare

I had a babysitter help me here and there and I am thinking to report expenses this year.  Do I let the baby sitter know?  Also, how much money spent on childcare  is significant and worth reporting?

1 Reply
xmasbaby0
Level 15

Childcare

If you plan to claim a childcare credit because you paid a babysitter so you could work, then yes, you need to tell the babysitter.   The babysitter has to enter that income on her own tax return.

 

Only childcare expenses incurred so that you could work can be entered for the childcare credit---hiring  a sitter for a "date night" etc. does not count.

 

You will need either the Social Security number or Tax ID of your childcare provider.   The amount the childcare provider enters on their own tax return will be matched up with the amount you claim that you paid to them.

 

https://ttlc.intuit.com/questions/1900643-what-is-the-child-and-dependent-care-credit

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
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