Can a grandparent claim deductions if they care fo...
Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
TurboTax has you covered during Covid. Get the latest stimulus info here.
cancel
Showing results for 
Search instead for 
Did you mean: 
metwou60
Returning Member

Can a grandparent claim deductions if they care for grandchild full time?

I take care of my 17 month old grandson full time without getting paid. Can I deduct any expenses incurred as a result of taking care of him, such as diapers, wipes  food, home heating and cooling?

2 Replies
xmasbaby0
Level 15

Can a grandparent claim deductions if they care for grandchild full time?

If you are being paid to take care of him you can file the income as self-employment income and enter your expenses on a Schedule C.    But you say you are not being paid.   Sorry, you cannot get a tax deduction for being a generous grandparent.    

**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.**
LenaH
Employee Tax Expert

Can a grandparent claim deductions if they care for grandchild full time?

In addition to the information explained by @xmasbaby0, it is important to note that if your state requires you to have a license for a "daycare", you may not be able to deduct your "home office" expenses (the percentage of your home used for the daycare). This would apply to deducting a portion of your utilities as well. I am not sure what state you are located in, but it is recommended to check your state laws on license requirement if you choose to go this route. 

 

@metwou60  

Dynamic AdsDynamic Ads
v
Privacy Settings