Forum: Daycare and Taxes 03-13-2014, 03:00 PM

Replies: 6 Foster Parent Daycare Views: 4,023 Posted By TomCopeland foster children I misunderstood. Income you receive for caring for foster children (not living with you - foster child of another parent) is income, whether the money comes from the state or from the parent. Money...

Forum: Daycare and Taxes 03-13-2014, 11:05 AM

Replies: 6 Foster Parent Daycare Views: 4,023 Posted By TomCopeland foster care Foster care income from a state agency is not taxable. See the IRS article: http://www.irs.gov/irb/2014-4_IRB/ar06.html