USA Childcare deduction as a single entity LLC


Joined
Jun 7, 2018
Messages
1
Reaction score
0
Country
United States
hi there! I am a psychotherapist in private practice as a single entity LLC, and My husband is a w2 employee at a bank. We will be sending our child to daycare. Is the total annual expense of daycare a write-off for the business since I have to send my child to daycare in order to run my business and work?
 
Ad

Advertisements

Joined
Jun 26, 2018
Messages
11
Reaction score
0
Country
United States
No, not for the business. It's considered a "personal expense." You can claim the child care tax CREDIT.
 

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Top