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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 10-20-2017, 05:15 PM
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JessicaH JessicaH is offline
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Default Baby Shower Gifts

I am expecting a baby and was just wondering about claiming the things I have received as gifts for taxes. They were bought with my child in mind, but with running a daycare they are not just going to be used by my child. Baby's room is an approved daycare space and the kids are in there quite a bit so I know it's pointless to try and keep them away.
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Old 10-21-2017, 06:44 AM
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TomCopeland TomCopeland is online now
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Default gifts

Quote:
Originally Posted by JessicaH View Post
I am expecting a baby and was just wondering about claiming the things I have received as gifts for taxes. They were bought with my child in mind, but with running a daycare they are not just going to be used by my child. Baby's room is an approved daycare space and the kids are in there quite a bit so I know it's pointless to try and keep them away.
Deduct the time-space% of the cost of gifts used by your family and your business.
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