PDA

View Full Version : Taxes Question - Food


proudarmywifewith4
02-10-2011, 05:55 AM
Tom, a food tax question.

I've heard that I could claim food I feed babies (formula, breast milk, baby food) as a standard deduction even if I don't actually buy the formula/baby food. I've never claimed infants in the past, until I started giving table foods, so I wanted to check and see which is correct in this case?

Michael
02-10-2011, 08:54 AM
Welcome to the Daycare.com Forum!

TomCopeland
02-10-2011, 03:17 PM
If the parent supplies all the food for a meal (formula) then you can't claim this as a business deduction. But if you provide any part of the meal, you can.





Join me for a webinar February 28 - "How to Reduce Your Taxes for 2010 and 2011". For more info: http://www.daycare.com/news/taxes/tom-copeland-webinar.html