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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.

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Old 02-13-2019, 09:56 AM
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Default Standard Meal Deduction - 2018

Tom - just confirming. The standard meal deductions for 2018 are:

$1.31 breakfast
$2.46 lunch/supper
$.73 snack

Is this correct?

I am not on the food program.
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Old 02-13-2019, 02:27 PM
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Default standard meal allowance

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Originally Posted by Baby Beluga View Post
Tom - just confirming. The standard meal deductions for 2018 are:

$1.31 breakfast
$2.46 lunch/supper
$.73 snack

Is this correct?

I am not on the food program.
Yes, you can use these rates for 2018. They are the same for 2019.
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Old 08-03-2019, 11:11 PM
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If I use the standard meal deductions, do i still claim food purchases or no? If not, do i need go keep receipts for food still?
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Old 08-05-2019, 12:00 PM
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Default standard meal allowance rule

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Originally Posted by jenboo View Post
If I use the standard meal deductions, do i still claim food purchases or no? If not, do i need go keep receipts for food still?
When you use the standard meal allowance rate to claim food expenses you do not save any food receipts. You do not deduct the actual cost of the food. You add up the meals and snacks you serve the day care children and deduct up to one breakfast, one lunch, one supper and three snacks per day per child. The rates for 2019 are $1.31 breakfast, $2.46 lunch/supper and $.73 snack. The rates for 2020 have not yet been released.
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Old 08-06-2019, 03:51 PM
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Originally Posted by TomCopeland View Post
When you use the standard meal allowance rate to claim food expenses you do not save any food receipts. You do not deduct the actual cost of the food. You add up the meals and snacks you serve the day care children and deduct up to one breakfast, one lunch, one supper and three snacks per day per child. The rates for 2019 are $1.31 breakfast, $2.46 lunch/supper and $.73 snack. The rates for 2020 have not yet been released.
Thanks! What counts for infants (under 1) when recording their meals?
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