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
Results 1 to 10 of 44

Threaded View

  1. #11
    Euphoric !
    Join Date
    Sep 2013
    Posts
    3,161
    Thanked
    1,085 Times in 810 Posts
    To my knowledge, there are 2 ways to do your expenses. The formula (days open/total days in week x hours open/total hours in day x rooms used for dc/total rooms in house) OR if you have half of your space dedicated to daycare care use only. I have exactly half my house for daycare only (basement) so I am allowed to claim most expenses at 50%.

    The first few years I did my groceries separate though and claimed 100%. It wasn't totally accurate however as I would usually buy the meat on my personal bill and I didn't claim a lot of meals since they were from our previous night's supper and I didn't know how to figure that out lol. I now buy my groceries all together and claim 50%. It's still not a true number since they don't eat steak and lobster like we do haha. (Altho, they eat a ton more fruit and veggies than we do so maybe it evens itself out over time?) However, it does work out to being more to claim which is what my accountant suggested to do. It's legal even though it's not completely accurate. It's no different than claiming my other bills 50% even though they aren't watching my tv or using my lights half the time either.
    Last edited by 5 Little Monkeys; 10-22-2015 at 11:00 AM.

Similar Threads

  1. Monthly daycare expenses
    By Craftymama1 in forum Managing a daycare
    Replies: 1
    Last Post: 02-10-2020, 08:52 AM
  2. Monthly Expenses
    By Britishmum in forum Managing a daycare
    Replies: 15
    Last Post: 03-27-2016, 10:04 PM
  3. Replies: 10
    Last Post: 05-06-2015, 09:21 PM
  4. Grocery
    By kelleyg19 in forum Daycare meals
    Replies: 16
    Last Post: 01-12-2013, 01:55 PM
  5. Cheap Grocery for Daycare
    By Mrs Ahmed in forum Daycare providers' experiences with parents
    Replies: 0
    Last Post: 12-19-2011, 08:25 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...

Do not hesitate to refer to this article to help you choose a daycare provider, know which questions to ask, have an idea of what to look for...
Did you know?
DaycareBear receives more than 155 700 unique pageviews each month; that's nearly 1.9 million pages per year!
Partner in your
search for a daycare provider