Daycare Moms-tax question
Posted By |
Message |
traceyd
Big Sister to Be!
Member since 5/05 3644 total posts
Name: Tracey
|
Daycare Moms-tax question
BTDT daycare moms-how does it work with filing your tax returns and the $ you have spent on daycare? DD has been in a daycare facility since Feb 08 so I am unfamiliar with what we need to do at tax time.
|
Posted 2/17/09 1:16 PM |
|
|
Long Island Weddings
Long Island's Largest Bridal Resource |
nrthshgrl
It goes fast. Pay attention.
Member since 7/05 57538 total posts
Name:
|
Re: Daycare Moms-tax question
You need the tax id of the center & you deduct the standard amount for childcare. It was $5400, maybe??
My accountant does it but he does ask for the total information (which is always way more than the deduction).
|
Posted 2/17/09 1:18 PM |
|
|
traceyd
Big Sister to Be!
Member since 5/05 3644 total posts
Name: Tracey
|
Re: Daycare Moms-tax question
Thanks Barb! I will ask them for their tax id number this afternoon.
|
Posted 2/17/09 1:38 PM |
|
|
EmmaNick
*
Member since 12/06 16001 total posts
Name: *
|
Re: Daycare Moms-tax question
It's a max of $3,000 for one child, $6,000 for two.
|
Posted 2/17/09 1:54 PM |
|
|
Potentially Related Topics:
Currently 798021 users on the LIFamilies.com Chat
|