How much income will I have?

[playfelt]

Planon half of what you earn as being yours to keep. The rest will be split between what you spend on the daycare - food, supplies, toys, outings, as well as come tax time you may have to pay - but don`t forget if you were working outside the home you would have tax taken out of each paycheck - it just seems worse if you have to pay a couple thousand dollars in April just make sure you budget for this possibility. There should also be some used to pay for household expenses that you would be paying anyways like utilities but you get to claim some of that from your daycare income. The next thing is how you conduct your program will determine how much of the second half is left over to also be your income. That depends on the type of program you run - I make more games and we all play then it is put away till next time compared to crafts that use supplies that go home as in once and done so that helps a lot.

You may use more than the half when you are first starting out till you have everything you need and then after that you have to start scrambling to find enough deductions.