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Daycare and Taxes>Where/How Do I Record An Awarded Grant?
Unregistered 12:55 PM 01-15-2017
Hello. I was awarded a grant to use to purchase items to update my home daycare. I am not sure how to go about recording this. If I record the grant as additional income and the purchases I made as daycare purchases only a percentage of the grant income will be deducted (all was used for daycare purchases ie manipulatives, curriculum, etc.). If you have any advice that would be great. Thanks.
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Tags:grant, schedule c, tom copeland
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