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Daycare and Taxes>Claiming Food Expenses
Leigh 03:56 PM 01-12-2016
For 2016, I would like to claim actual expenses for food (it's a LOT). How do I do this? How would the IRS know whether the food was for daycare or not? I'm worried about an audit and my expenses not being allowed. About 75% of our food costs are daycare related. I THINK that I'd do better claiming this way, but have no idea how to go about doing it. I have heard that I must keep daycare and personal food receipts separate, but is that all I must do? I think it would be a pain to do, since I have all of my food delivered, but I COULD do that.
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Thriftylady 05:03 PM 01-12-2016
In order to claim actual expenses you pretty much have to have all the receipts for both. That way you can show the IRS your "home" receipts. Otherwise in an audit, they could kick out your whole food claim.
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Blackcat31 05:47 PM 01-12-2016
Originally Posted by Leigh:
For 2016, I would like to claim actual expenses for food (it's a LOT). How do I do this? How would the IRS know whether the food was for daycare or not? I'm worried about an audit and my expenses not being allowed. About 75% of our food costs are daycare related. I THINK that I'd do better claiming this way, but have no idea how to go about doing it. I have heard that I must keep daycare and personal food receipts separate, but is that all I must do? I think it would be a pain to do, since I have all of my food delivered, but I COULD do that.
You claim the standard meal reimbursement rates x the number of kids/meals served I believe.

I found this (the rates are NOT correct) but it does a good job of explaining how you should claim. I think

https://www.irs.gov/pub/irs-drop/rp-03-22.pdf
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Thriftylady 05:50 PM 01-12-2016
Originally Posted by Blackcat31:
You claim the standard meal reimbursement rates x the number of kids/meals served I believe.

I found this (the rates are NOT correct) but it does a good job of explaining how you should claim. I think

https://www.irs.gov/pub/irs-drop/rp-03-22.pdf
The new rates are out. I think Tom posted them let me see if I can find them. That is what I am using.


Standard Meal Allowance Rates for 2015 income tax returns
(in the continental U.S.)

$1.31 for each breakfast
$2.47 for each lunch or supper
$0.73 for each snack
(up to 3 snacks per day for each child)
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Blackcat31 05:53 PM 01-12-2016
Originally Posted by Thriftylady:
The new rates are out. I think Tom posted them let me see if I can find them. That is what I am using.
I know the rates (http://tomcopelandblog.com/2015-2016...ates-announced) I was just pointing out the rates listed in the IRS link I posted were incorrect.
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Thriftylady 06:27 PM 01-12-2016
Originally Posted by Blackcat31:
I know the rates (http://tomcopelandblog.com/2015-2016...ates-announced) I was just pointing out the rates listed in the IRS link I posted were incorrect.
I figured you knew the rates! I just thought it might be easier for OP that way.
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Tags:deduction - food, food expenses
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