3.5k
Daycare and childcare providers in Winnipeg, Toronto, Vancouver, Ontario etc. in CanadaGarderies à Montréal ou au QuébecFind daycare or childcare providers in the USA
Forum control
+ Reply to Thread
Results 1 to 2 of 2

Thread: Tax question

  1. #1
    Starting to feel at home...
    Join Date
    Dec 2013
    Posts
    62
    Thanked
    13 Times in 11 Posts

    Tax question

    Good morning everyone, can someone tell me if we are allowed to deduct time spent outside of daycare hours. I only heard about this now and want to make sure itís allowed so I can start keeping track of it this year.

    Thank you

  2. #2
    Expansive...
    Join Date
    Aug 2013
    Posts
    706
    Thanked
    153 Times in 132 Posts
    Yes, my accountant said you can, but essentially it goes into
    Increasing your % of the business use of home deduction. So I don’t think we will ever be properly compensated for time spent before/after work or on weekends.
    What I do is add 1.5 hours per weekday to the business use of home calculation, which nowhere equals the amount I truly work, but that equates to an 11 hr workday for me, so
    I don’t think I could add extra time on there without being flagged.
    So basically it means your total claim of all the utilities and mortgage interest etc will be higher by a certain percentage. It’s not going to amount to a huge deduction.

Similar Threads

  1. Tax question
    By Ashleigh in forum Managing a daycare
    Replies: 5
    Last Post: 02-26-2014, 12:18 PM
  2. Tax question
    By MonkeyPrincess in forum Managing a daycare
    Replies: 23
    Last Post: 01-21-2014, 07:41 PM
  3. Tax question
    By BigMomma in forum Managing a daycare
    Replies: 5
    Last Post: 01-07-2014, 12:05 PM
  4. Question
    By busydaycarelady in forum Caring for children
    Replies: 2
    Last Post: 12-04-2013, 08:53 PM
  5. Tax question
    By Vtorrance in forum Managing a daycare
    Replies: 6
    Last Post: 03-13-2013, 09:13 AM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts

A few tips...

If you encounter a daycare provider with out-of-date openings / spaces, click on the button right above the currently listed openings to report it!
Updates
We expect providers to keep their listing and available openings up-to-date. However, to prevent oversights, openings expire after 45 days.
Partner in your
search for a daycare provider