Home / Malaysia Business & Finance Law / Tax Law childcareexpenses child care expenses and sole prop

childcareexpenses (modified 0 times) mothertryingtowork Set up sole prop. does anyone know if child care expenses can be deducted (as a operational expense or a tax deduction?) if childcare is a necessity while I work? Also, have read about proportioning home expenses related to sole prop.... what if these expenses, e.g. internet, electricity, etc is in hubby's name instead of mine? Sole prop is mine. thanks Mom trying to work 21 Sep, 2008 22:36:19

RE:childcareexpenses (modified 0 times) Nikimathew Childcare expenses may only be deducted in the year in which they have been paid. If you pay for December care in January or later then you are not able to deduct that care in the December year; you must wait until the following year. Consequently, it is important for supporting persons to ensure that childcare payments are up-to-date each year in order to be eligible for the maximum deduction. ------------------ Nikimathew www.drivenwide.com 24 Sep, 2008 14:56:22

RE:childcareexpenses (modified 0 times) jones Fees paid to a licensed day care center or family day care for care of an infant or preschooler. Wages paid to a baby-sitter. --------------------------------- jones online ads 25 Sep, 2008 13:06:48

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