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    krlippss's Avatar
    krlippss Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Apr 12, 2012, 09:12 AM
    Daycare income
    If I receive $2400 in a year for daycare that I provided, am I required to claim that income?
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
    		  
    #2

    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's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #3

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