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View Full Version : Daycare income


krlippss
Apr 12, 2012, 09:12 AM
If I receive $2400 in a year for daycare that I provided, am I required to claim that income?

Fr_Chuck
Apr 12, 2012, 09:59 AM
Assuming you are in the US, yes of course. You are also to supply the people you provide daycare for, your tax ID number so they may claim the daycare cost off their taxes.

AtlantaTaxExpert
Apr 12, 2012, 07:24 PM
You will claim the income on Schedule C and Form 1040.