Level 5

Question

where do i enter the hours spent cleaning, doing laundry and meal prepping for a home daycare business

Forum|Forum|1 year ago
April 28, 2025
4 replies
9 views

I have not done a daycare before. Can someone please help me with where I enter the hours spent cleaning, doing laundry and meal prepping for a home daycare business. Thank you.

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Accountant-Man

Level 13

Does your client pay herself?

** I'm still a champion... of the world! Even without The Lounge.

IRonMaN

Level 15

If you are looking for a specific deduction for that time, no place. If this is the first daycare business you are doing, in fairness to yourself and your client, you might want to do a little research before you dig into the return.

Slava Ukraini!

abctax55

Level 15

I often use the line "you/your hours are worthless in the eyes of the IRS".

@lyndaj0331 = read up on 'sweat equity'.

HumanKind... Be Both

Accountant-Man

Level 13

I prefer to say that they are like the Mastercard, "priceless."

** I'm still a champion... of the world! Even without The Lounge.

abctax55

Level 15

@Accountant-Man

I bet they like your version a lot more than mine 😉

HumanKind... Be Both

BobKamman

Level 15

I think the question might involve Lines 4 through 7 of the Form 8829:

4 Multiply days used for daycare during year by hours used per day
5 If you started or stopped using your home for daycare during the year, see instructions; otherwise, enter 8,784

6 Divide line 4 by line 5. Enter the result as a decimal amount
7 Business percentage. For daycare facilities not used exclusively for business, multiply line 6 by line 3 (enter the result as a percentage). All others, enter the amount from line 3 .

abctax55

Level 15

Bob.... possibly.

Not exactly how the OP presented the info, but we know how that goes 😉

HumanKind... Be Both

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