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Daycare and Taxes All things related to Taxes and running a Daycare post here. Topics of tax exemptions, forms, filings, tax write offs, IRS etc. |
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#1
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I'm having a brain fart! I cannot remember where I reported the food program income on my taxes last year! I know it supposed to come back off somehow but no matter where I am entering it, it's wrong. HELP??
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#2
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You can either include CACFP income with parent income on line 1 of Schedule C, or on line 6 as other income. Your food expenses are probably higher, even a lot higher, than your CACFP income.
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http://www.tomcopelandblog.com |
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deduction - food, deduction - food program |
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