Forum Daycare Forum

Go Back 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.

Thread Tools Display Modes
Prev Previous Post   Next Post Next
Old 02-02-2016, 06:06 AM
Miss A's Avatar
Miss A Miss A is offline Member
Join Date: Jul 2015
Posts: 1,006
Default First Year Daycare Taxes...Yuck!

I am wondering what forms I need to provide to my tax preparer for my home daycare business. I use Quickbooks self employed to track my expenses and do all my bookkeeping, so I printed off a year end tax summary, as well as a mileage summary to give to my tax preparer. I was wondering though if I am responsible for filling out Form 1040: Individual Income Tax Return, Schedule SE:Social Securuty Self Employment Tax, and other forms, or if that is part of what the tax preparer will do. I am so used to just handing them my W-2's, as well as my other paperwork and having all the work done for me. Is this what I will do this year as well?

Also, I only did daycare for part of the year this year, so I did not make enough of a profit to have to pay in quarterly. This year (2016) I will have to. What forms do I need to fill out for that? Through Quickbooks I can pay right through the program, does anyone know if they help you fill out the forms you need?
Reply With Quote

Thread Tools
Display Modes

Posting Rules
You may post new threads
You may 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
Horror Story: Lost Child Incident At Daycare...Thoughts? Unregistered Daycare Center and Family Home Forum 39 09-10-2019 03:58 AM
1st Year Taxes...Overwhelmed! Punkin.Butts Daycare and Taxes 10 01-22-2016 01:01 PM
Question about final daycare year expenses TheGoodLife Daycare and Taxes 1 02-03-2015 06:55 AM
Refusal To Listen...WWYD? Preschool/daycare teacher Daycare Center and Family Home Forum 29 02-08-2011 03:15 PM
Home Daycare Taxes? AnythingsPossible Daycare and Taxes 2 01-29-2010 01:50 PM

All times are GMT -7. The time now is 04:16 AM.         Find A Daycare         List Your Daycare         Toys & Products                 About Us
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