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b2b777
LIF Adult
Member since 9/09 4474 total posts
Name:
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nursery school...
My DS attends nursery school 2x per week for only 2 hrs per day. My accountant is asking me to provide a tax ID # for the school to write it off as a deduction. The school is in a church. Does anyone else do this? I feel weird about it -- doesnt seem legit.
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Posted 1/28/16 3:18 PM  |
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jea128
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Member since 5/05 3415 total posts
Name:
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nursery school...
Yes, this is common. When my children were in preschool, it was in a church, but the school itself had it's own Tax ID number. I'm sure if you ask an administrator they can help you.
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| Posted 1/28/16 3:21 PM |
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b2b777
LIF Adult
Member since 9/09 4474 total posts
Name:
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Re: nursery school...
Posted by jea128
Yes, this is common. When my children were in preschool, it was in a church, but the school itself had it's own Tax ID number. I'm sure if you ask an administrator they can help you.
interesting... not sure why this felt weird/wrong lol...thanks!
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| Posted 1/28/16 3:22 PM |
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MrsT809
LIF Adult
Member since 9/09 12167 total posts
Name:
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nursery school...
Yes our school director mentioned it and they put the tax id number right in the receipt.
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| Posted 1/28/16 3:26 PM |
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ANewDayHasCome
Love multiplies, not divides
Member since 11/12 14481 total posts
Name:
Me
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nursery school...
We received a print out from the school automatically with all of our 2015 expenses and their tax idea without even asking. I think it's standard of people write some of it off.
id autocorrected to idea
Message edited 1/28/2016 4:45:40 PM.
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| Posted 1/28/16 4:45 PM |
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blu6385
Member since 5/08 8351 total posts
Name:
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Re: nursery school...
the only thing I heard is you can only write it off if both parents work. don't know how true that is though. but we write off daycare and prek with our taxes but we do both work full time
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| Posted 1/28/16 5:10 PM |
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alexb
LIF Adult
Member since 5/13 960 total posts
Name:
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nursery school...
Can you really write off nursery/daycare? I have been asking my accountant for years and he said we couldn't. We both work btw....
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| Posted 1/28/16 5:49 PM |
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Sonervous
LIF Infant
Member since 1/13 184 total posts
Name:
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Re: nursery school...
You can only write off daycare/nursery school if you work. When i stayed home I couldn't write off my sons preschool expenses.
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| Posted 1/28/16 5:51 PM |
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Sonervous
LIF Infant
Member since 1/13 184 total posts
Name:
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Re: nursery school...
Posted by alexb
Can you really write off nursery/daycare? I have been asking my accountant for years and he said we couldn't. We both work btw....
I really hope there is a reason for that because absolutely you can. My sons daycare gives me a print out with the total for the year. Same thing with aftercare for my older one.
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| Posted 1/28/16 5:53 PM |
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alexb
LIF Adult
Member since 5/13 960 total posts
Name:
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Re: nursery school...
Posted by Sonervous
Posted by alexb
Can you really write off nursery/daycare? I have been asking my accountant for years and he said we couldn't. We both work btw....
I really hope there is a reason for that because absolutely you can. My sons daycare gives me a print out with the total for the year. Same thing with aftercare for my older one.
So strange... Im going to ask him again. I really hope i can get some type of credit- anything would help!
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| Posted 1/28/16 5:57 PM |
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Pumpkin1
LIF Adult
Member since 12/05 3715 total posts
Name:
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Re: nursery school...
Posted by alexb
Posted by Sonervous
Posted by alexb
Can you really write off nursery/daycare? I have been asking my accountant for years and he said we couldn't. We both work btw....
I really hope there is a reason for that because absolutely you can. My sons daycare gives me a print out with the total for the year. Same thing with aftercare for my older one.
So strange... Im going to ask him again. I really hope i can get some type of credit- anything would help!
There is a cap and it phases out based upon income.
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| Posted 1/28/16 6:01 PM |
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ElizaRags35
My 2 Girls
Member since 2/09 20494 total posts
Name:
Me
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Re: nursery school...
Posted by ANewDayHasCome
We received a print out from the school automatically with all of our 2015 expenses and their tax idea without even asking. I think it's standard of people write some of it off.
id autocorrected to idea
Same here.
We haven't gotten it yet this year but I'm sure we will soon.
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| Posted 1/28/16 6:29 PM |
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ElizaRags35
My 2 Girls
Member since 2/09 20494 total posts
Name:
Me
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Re: nursery school...
Posted by alexb
Posted by Sonervous
Posted by alexb
Can you really write off nursery/daycare? I have been asking my accountant for years and he said we couldn't. We both work btw....
I really hope there is a reason for that because absolutely you can. My sons daycare gives me a print out with the total for the year. Same thing with aftercare for my older one.
So strange... Im going to ask him again. I really hope i can get some type of credit- anything would help!
https://www.irs.gov/uac/Ten-Things-to-Know-About-the-Child-and-Dependent-Care-Credit
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| Posted 1/28/16 6:34 PM |
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alexb
LIF Adult
Member since 5/13 960 total posts
Name:
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Re: nursery school...
Posted by Pumpkin1
Posted by alexb
Posted by Sonervous
Posted by alexb
Can you really write off nursery/daycare? I have been asking my accountant for years and he said we couldn't. We both work btw....
I really hope there is a reason for that because absolutely you can. My sons daycare gives me a print out with the total for the year. Same thing with aftercare for my older one.
So strange... Im going to ask him again. I really hope i can get some type of credit- anything would help!
There is a cap and it phases out based upon income.
That would make sense then... Cause ive literally have asked for years and he said we cant get any credit:(
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| Posted 1/28/16 8:17 PM |
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