Daycare.com Forum Daycare Forum

Go Back   Daycare.com Forum > Daycare and Taxes

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.

Reply
 
Thread Tools Display Modes
  #1  
Old 03-16-2014, 05:39 PM
Reimel61's Avatar
Reimel61 Reimel61 is offline
New Daycare.com Member
 
Join Date: Oct 2012
Location: Maryland
Posts: 66
Default Bank Trip Mileage

All my parents pay me by check or cash weekly. I drive to the bank every week (8 miles total) in order to make my DC deposit. My husband has direct deposit for his paycheck, but I get his weekly allowance out at this time also.

Is it ok to claim all trips to the bank for mileage??

Thanks
Reply With Quote
  #2  
Old 03-16-2014, 06:02 PM
lovemykidstoo's Avatar
lovemykidstoo lovemykidstoo is offline
Daycare.com Member
 
Join Date: Aug 2012
Location: U.S.
Posts: 4,689
Default

I've wondered that too. I've never claimed it, but will if I can
Reply With Quote
  #3  
Old 03-16-2014, 08:53 PM
Childminder's Avatar
Childminder Childminder is offline
Advanced Daycare.com Member
 
Join Date: Oct 2009
Location: MI
Posts: 1,499
Default

Yes you are allowed to claim bank deposit trips. Tom Copeland reminded me to do so when he recently reviewed my taxes. Go to your bank statement for a list of deposit trips.
__________________
I see little people.
Reply With Quote
  #4  
Old 03-17-2014, 05:45 AM
Reimel61's Avatar
Reimel61 Reimel61 is offline
New Daycare.com Member
 
Join Date: Oct 2012
Location: Maryland
Posts: 66
Default

Thanks...
Reply With Quote
  #5  
Old 03-17-2014, 01:18 PM
TomCopeland's Avatar
TomCopeland TomCopeland is offline
Business Author/Trainer
 
Join Date: Jun 2010
Location: St. Paul, Minnesota
Posts: 3,066
Default Mileage

Quote:
Originally Posted by Reimel61 View Post
All my parents pay me by check or cash weekly. I drive to the bank every week (8 miles total) in order to make my DC deposit. My husband has direct deposit for his paycheck, but I get his weekly allowance out at this time also.

Is it ok to claim all trips to the bank for mileage??

Thanks
Yes, claim these bank trips because the "primary" purpose of the trip was business.
__________________
http://www.tomcopelandblog.com
Reply With Quote
  #6  
Old 03-17-2014, 09:02 PM
Reimel61's Avatar
Reimel61 Reimel61 is offline
New Daycare.com Member
 
Join Date: Oct 2012
Location: Maryland
Posts: 66
Default

Thanks
Reply With Quote
Reply

Tags
deduction - milage

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Parents Forgetting Field Trip Fees queenbee Daycare Center and Family Home Forum 23 08-23-2020 02:48 PM
Standard Mileage Deduction... Confused Unregistered Daycare and Taxes 2 02-01-2014 03:52 PM
Mileage wdmmom Daycare and Taxes 1 01-02-2014 10:01 AM
Help with Bank Please! spud912 Daycare Center and Family Home Forum 14 12-03-2013 01:49 PM
Taking Off To Go On Field Trip proudmommyofthree Daycare Center and Family Home Forum 8 05-01-2012 07:59 AM


All times are GMT -7. The time now is 05:39 AM.



Daycare.com         Find A Daycare         List Your Daycare         Toys & Products                 About Us

Daycare.com
Please read our Disclaimer before continuing.

Topics pertain mainly to the following States:

Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming