If I receive $2400 in a year for daycare that I provided, am I required to claim that income?
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If I receive $2400 in a year for daycare that I provided, am I required to claim that income?
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.
You will claim the income on Schedule C and Form 1040.
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