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mommyneedsadayoff 12:57 PM 12-30-2016
Originally Posted by Unregistered:
This thread is helpful. It gives me a lot of things to think about! One of the question I have in mind is how unlicensed child care declare their income?
Originally Posted by daycarediva:
Most of the time they do not declare their income. Which is illegal, so on top of a person breaking the law, they could (SHOULD) be charged with tax evasion.

I think you are referring to illegally unlicensed (over ratio) as probably not claiming income.

As for a legally unlicensed daycare, we do the same as a licensed daycare and claim our income as self employed business owners (schedule C on your taxes). You can still deduct expenses and do your taxes just as any other business, because you are still a legal business, just not licensed (by choice).
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