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Daycare and Taxes>Food Program Reimbursement
sharlan 01:38 PM 08-31-2017
I've always claimed it, but was told this past year by my food program rep, my CPA, and my dd who is an accountant for a school district food services that I do not claim this as income.

Are they correct?
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MarinaVanessa 02:43 PM 08-31-2017
I've always claimed it also and I tried to find something online about it but I don't see anything more recent than 3 years ago on any website.

Definitely a Tom Copeland question but I did go through Tom's blog all the way to January and didn't see a post about these changes.
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hwichlaz 03:23 PM 08-31-2017
it is income...you claim it as such. you'll get a 1099 misc for it at the end of the year. It just gets cancelled out when you also claim the meals as an expense
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hwichlaz 03:23 PM 08-31-2017
Just pretend that your sponsor is a daycare family writing you a check every month.
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hwichlaz 03:25 PM 08-31-2017
and do NOT trust anyone that doesn't specialize in daycare taxes on this issue....there are so many things that ONLY apply to daycares.

Ask Tom Copeland
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sharlan 03:43 PM 08-31-2017
Originally Posted by hwichlaz:
it is income...you claim it as such. you'll get a 1099 misc for it at the end of the year. It just gets cancelled out when you also claim the meals as an expense
I have never received a 1099 from the food program.
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hwichlaz 03:55 PM 08-31-2017
I get one every year. I'm pretty sure they are required to give you a year end statement of some kind, not necessarily a 1099. I get a 1099 saying how much they paid me for the year along WITH a statement telling me how many meals of each type to claim as an expense on my taxes ...the even deduct the meals I fed my own child for me and add in my non-reimbursed meals.
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hwichlaz 03:58 PM 08-31-2017
Either way...here.

http://tomcopelandblog.com/are-cacfp...taxable-income
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TomCopeland 10:37 AM 09-01-2017
Originally Posted by hwichlaz:
I get one every year. I'm pretty sure they are required to give you a year end statement of some kind, not necessarily a 1099. I get a 1099 saying how much they paid me for the year along WITH a statement telling me how many meals of each type to claim as an expense on my taxes ...the even deduct the meals I fed my own child for me and add in my non-reimbursed meals.
Food Program sponsors are not required to issue Form 1099 to providers. Some do, the vast majority don't. I posted a letter on my website from the IRS saying Form 1099 is not required. You should not report as income any reimbursements you received for your own child, and you cannot deduct any food served to your own child.
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laundrymom 03:51 PM 09-01-2017
Usually it's in the claim site and you just print it out from the program you submit claims on.
Originally Posted by hwichlaz:
I get one every year. I'm pretty sure they are required to give you a year end statement of some kind, not necessarily a 1099. I get a 1099 saying how much they paid me for the year along WITH a statement telling me how many meals of each type to claim as an expense on my taxes ...the even deduct the meals I fed my own child for me and add in my non-reimbursed meals.

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daycare 04:15 PM 08-31-2017
Originally Posted by sharlan:
I have never received a 1099 from the food program.
I have never claimed it and have never gotten an audit
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hwichlaz 05:36 PM 08-31-2017
Originally Posted by daycare:
I have never claimed it and have never gotten an audit
do you deduct the meals you serve as an expense?
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