DAY CARE INCOME AND EXPENSE WORKSHEET
NAME ___________________________________________________________ YEAR ___________________________
DAY CARE INCOME
Gross income from day care $ _____________________ Federal food reimbursement $____________________
OFFICE IN HOME – IF LICENSED
Square footage used for day
care
Water/sewer/garbage/cable TV
Number of days during year
children were in your care
Insurance – general policy
Day care rider
Repairs/maintenance – general
Because of day care
If hours vary, total of hours
for year
Rent paid – if you are a renter
Be sure to include storage areas, basement, garage or storage sheds when figuring are used.
Keep a daily log with “TIME IN” and “TIME OUT”. In addition to the hours spent on Day Care you
may claim the time spent on Day Care related jobs such as:
_______________ cleaning up after children
_______________ food preparation
_______________ record keeping
_______________ planning and preparation
_______________ other (specify)
_______________
_______________ Day Care hours per day
_______________ TOTAL HOURS PER DAY
IN CASE OF AN AUDIT THESE RECORDS WILL BE REQUIRED!
AUTO EXPENSE
Keep records of mileage for day care meetings, shopping for supplies, groceries, or to events, etc.
If you take expense on mileage basis
complete the following lines
Year & make of auto (bring in
purchase/sales papers in year
of purchase
Total day care miles in above line