Daycare.com Forum
Daycare and Taxes>Where to Enter Gifts?
krosey5 01:57 PM 09-26-2013
What category on MMK do gifts to daycare clients/children go?
sammie 03:47 PM 09-26-2013
They go under activity expenses. 
TomCopeland 08:28 AM 09-27-2013
Originally Posted by krosey5:
What category on MMK do gifts to daycare clients/children go?
Gifts to parents can be labeled as "gifts" and put under Other Expenses (subject to the $25 limit per year per person). Gifts to children should also be put there. However, items given to children that are used by the other children in care should be listed as activity expenses. What category on MMK do gifts to daycare clients/children go?
See my article that explains this: http://www.tomcopelandblog.com/2012/...your-care.html
krosey5 05:54 AM 09-28-2013
Originally Posted by TomCopeland:
Gifts to parents can be labeled as "gifts" and put under Other Expenses (subject to the $25 limit per year per person). Gifts to children should also be put there. However, items given to children that are used by the other children in care should be listed as activity expenses.
See my article that explains this: http://www.tomcopelandblog.com/2012/...your-care.html
Thank you very much Gifts to parents can be labeled as "gifts" and put under Other Expenses (subject to the $25 limit per year per person). Gifts to children should also be put there. However, items given to children that are used by the other children in care should be listed as activity expenses.
See my article that explains this: http://www.tomcopelandblog.com/2012/...your-care.html