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Jbert
Oct 2, 2007, 05:38 AM
We are babysitting for our new Grandson. Our son pays us each week. 1 questions please.


1. Will our son and wife be able to claim the payments at tax time. If they can, I know we will have to report this as income.


What I am not sure of is, if taxpayers can claim childcare if it is just family and not a licensed facility.



Thanks


Jim

AtlantaTaxExpert
Oct 3, 2007, 11:15 AM
Jim:

As long as you report the income on your tax return and they report your name and SSN, they CAN claim the Child Tax Credit.