How to deduct child care expenses on your taxes

Kaitlin Kirk, CPA 14 views

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@jankocphomeland8509
13 yrs old child went to take a 9 days sport ,2 hours a day during summer Can I deduct from my incomebr I'm not a low income parents?
Comment from : @jankocphomeland8509


@aroojbutt3569
Thanks for this informative video I have a question I am going to school and receiving stipend as scholarship but this doesn’t count as income As I have to go to school and my husband is working full time, my daughter is going to a daycare we got the fee receipt I have two questions here: 1 Can my husband claim for childcare expenses? 2 How much we can claim if her fee is $4000 plus
Comment from : @aroojbutt3569


@mayralizethsatterlee19
Thank you so much for making this video! What exactly do you mean by having to provide social expenses for none-licensed caregivers?
Comment from : @mayralizethsatterlee19


@ren21uu
What if its just a babysitter
Comment from : @ren21uu


@yatuberd2458
Can I provide my childcare TIN Number instead of a social security number?
Comment from : @yatuberd2458


@robwydwasrf2435
Hi Kaitlin is it each child so hypothetically I have 2 kids 1 under 7 1 over 7 can I deduct both of their expenses? Thank you for your information
Comment from : @robwydwasrf2435


@Ponzerelli412
Sorry for being late to the game, however would I need to make a 1099 NEC for the Nanny/s or just supply their SSN on the tax information when filing? ps this is a great video
Comment from : @Ponzerelli412


@SuccesswithLatoya
So within quick book, what is the category I would make for the expense for my child's daycare fee's??
Comment from : @SuccesswithLatoya


@jianyeu
I have a question… if my wife is going to school full time, And she is making zero income, wouldn't it be more beneficial if I'm the one who claims the childcare expenses since I'm the only one who's earning employment income? My wife would be the one with the lower income because it's $0 and we pay almost 8000 a year for childcare expenses so how do you deduct $8000 from $0 if she is the one who claims it?
Comment from : @jianyeu


@DeltaRoots
Can I deduct child care expenses even if the mom claim the dependent on taxes I pay for child care I have bank statements for 1 year Thank you
Comment from : @DeltaRoots


@CANAK0
Thank you for the info My question is what line is the correct one to enter the amount of the claim? 21400 ? My child attends special need school for autism, we pay out of pocket but we dont know how to declare it please advise, thank you
Comment from : @CANAK0


@tracygarcia5828
If you pay a family member to watch your kids in order to work Can you claim it? If you can what would you need in order to claim it Another question for the sitter If that is the only income they make can they file taxes using babysitting as their income? Would they have to If we claim child care credit? What would they need to do?
Comment from : @tracygarcia5828


@XRandomGamerX
Great video The information is very helpful I have 1 or 2 questions in case i missed it Can 1 parent claim a child as a dependent and the other parent claim the child care expenses?…but with a scenario of both parents living together, only 1 parent works and the other keeps the kids at home The parents are not in a relationship!? #2 Who is considered the custodial parent and who is the non-custodian parent?
Comment from : @XRandomGamerX


@mariaelenabaltazar9409
I paid Cash for childcare for my 10 yr old daughter, how would that work??
Comment from : @mariaelenabaltazar9409


@jordankoontz1661
Did you play on the office?
Comment from : @jordankoontz1661


@Tobytobers1
I work from home and my kids had to go to an after school sitter cuz I work eveningsis this ok? She is giving me receipts etc I don't think she filed this on her taxesdoes she get penalized???
Comment from : @Tobytobers1


@cadishamiceli3740
Hey Kaitlin, can I deduct my nanny even though I am on child subsidy for my son's day care? I am looking to hire a part time nanny during the weekdays
Comment from : @cadishamiceli3740


@vijayppatel
I have parent staying with me taking care of my 2 children aged 5 and 7 Can i claim under my mom and dad?
Comment from : @vijayppatel


@cherefeng
Hi Kaitlin, I have some daycare expenses and dental fees from past years and i forgot to claim them can i still claim them in 2021? is there time(how many years) limit? thank you very much!
Comment from : @cherefeng


@adelguerid5825
Hi there, my wife has 0 income but has been attending college, how do we apply for child care expenses? It says we get nothing if she does not have any income
Comment from : @adelguerid5825


@yomi_ash6324
What about preschool? I’m going to school and need child care but my son is preschool aged In NV there isn’t any preschool provided by the state
Comment from : @yomi_ash6324


@svgcloudguru6984
Thank you for making this video brQ : If a taxpayer is paying her parent-in-law(grand parent) for being the Nanny / Caregiver for her son (2 years old) so that she could go to work, would that payment be considered as an eligible child care expenses for that Taxpayer ? Note : Home address of taxpayer and caregiver is same
Comment from : @svgcloudguru6984


@kiessshm8739
Thank you 😊
Comment from : @kiessshm8739


@webb1251
Can I deduct CPE daycare payments (Quebec)? it's 850$/day across the board for anyone attending no matter their income thanks
Comment from : @webb1251


@brandonmoore9255
What is a social insurance number?
Comment from : @brandonmoore9255


@prashmurthy99
Thank you very much for this informative video I have the following questions: 1 If my toddler's childcare issues a receipt that calls the payments as "tuition" instead of "childcare expense", will it still be eligible for claim? 2 If our total expense for the year is $10,000 for one child ( only child), will we be able to claim childcare expenses in tax form beyond the limit of $5k under DC HSA?
Comment from : @prashmurthy99


@carolseleme9784
Is there a maximum household income to be eligible to claim? We claimed the daycare expenses this year and we haven’t seen a penny for that on our return
Comment from : @carolseleme9784

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