Originally Posted by Jodik:
I just started offering Parent's night out and was wondering how to track this income. If I add it to my kidkare account, it would be added to their W10's which would increase their total for the childcare/dependent care tax credit. Would this be the correct way to track it even though it was not used for work or should I just have a separate receipt book for these nights?
Any money earned from parents is income. But, it doesn't count towards a parent's child care tax credit if they are not working or attending school. So, I'd call it other income and not include it on the parent's W-10.