Solved: Can I pay my parents for my child care? How do i claim it.
cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
New Member

Can I pay my parents for my child care? How do i claim it.

 
1 Best answer

Accepted Solutions
Highlighted
Level 4

Can I pay my parents for my child care? How do i claim it.

Yes, but you may not want to. https://www.irs.gov/taxtopics/tc602

If you pay your parents for the care of your dependent child, they have to report that income on their tax return. You will provide their tax id to the IRS and the IRS can easily check that. So it may cost them more for you to take that deduction than you get from taking it. Something to consider carefully!

View solution in original post

1 Reply
Highlighted
Level 4

Can I pay my parents for my child care? How do i claim it.

Yes, but you may not want to. https://www.irs.gov/taxtopics/tc602

If you pay your parents for the care of your dependent child, they have to report that income on their tax return. You will provide their tax id to the IRS and the IRS can easily check that. So it may cost them more for you to take that deduction than you get from taking it. Something to consider carefully!

View solution in original post

Privacy Settings