Food Program Reimbursements For Own Child As Income
First let me apologize if this topic has been previously discussed. I tried to view as many posts before feeling inclined to post this. My question is regarding the taxability of my food program reimbursements.
For most of 2010, I was reimbursed for my own child's meals. It was my understanding from some of Tom's other blogs/posts, my child's reimbursement is not considered "income" but a benefit and as such is not taxable income. I know I can not consider my own child's food as an expense either. I use the standard meal allowance for expenses. Therefore, I subtract all meals fed to my own child and then add any additional meals served but not reimbursed to the daycare children for my total eligible meals served for the sake of expenses.
If this is correct, then why does my sponsor issue a 1099-MISC with an amount that includes my own child's reimbursement? Perhaps they have to, but then how do I offset this so that my taxable income is lessened by my own child's reimbursement?
Please advise as I feel I am making this more complicated than needed.
Thank you in advance! Gotta love tax season!