642918
You'll need to sign in or create an account to connect with an expert.
Yes, you can deduct your business expenses as well as include the income from the daycare on your tax return. It is not only for those that have a license, anyone with a business and income must file a tax return. To learn more about what you can claim please read Expenses For Home Day Care. Also, to see IRS information on the use of your home for daycare please read Business Use Of Home - Daycare Providers.
Yes, you can deduct your business expenses as well as include the income from the daycare on your tax return. It is not only for those that have a license, anyone with a business and income must file a tax return. To learn more about what you can claim please read Expenses For Home Day Care. Also, to see IRS information on the use of your home for daycare please read Business Use Of Home - Daycare Providers.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
LMK73
New Member
Jeff-W
New Member
ericdiamante2010
New Member
kelley-bower
New Member
Mike1127
Level 3