All home daycare providers must file taxes each year. If they do not, they are breaking the law.
For the 2009 tax year the date is October 15 2010.
I would like to know
There is a Child and Dependent Care Tax Credit. It reduces your taxes by providing a tax credit for money spent on day care and child care services.
residence for atleast 6 months and 1 day according to the law just like filing taxes
Baby sitting is considered self employment. So you can take expenses as a deduction So here is a list of somethings you can deduct... Supplies Toys Playground equipment Advertising Licences Mileage for driving kids around Repairs for the home that are specific to the day care Meals for the kid (there is a limit for you might not be able to claim all of it.) Business use of home (for this you will need how many days your home was used for a daycare and how many hours a day). This will allow you to deduct a portion of your rent or mortgage interest and utility bills. Make sure you bring in all your records when you do you taxes.
Day Care Center?
Yes. Filing your income taxes has nothing to do with length of time, only with how much money you made. If I made one billion dollars in one day and didn't work another day in my life, the government wouldn't care. They would want their share of my billion dollars.
I live in montana and am wanting to start my own day care at home. do my kids count In the ratio of adult to child
The last day to file federal income taxes is typically April 15th. However, if this date falls on a weekend or holiday, the deadline may be extended to the next business day. It's important to check the current year's tax filing deadline to be certain.
If you mean for filing your return for income earned in 2012 the normal date would be April 15, 2013 unless you file an extension which gives you until October 15, 2013. Remember that the extension is only an extension to file and not an extension to pay any taxes that may be due. If you do not pay the taxes due then interest and penalties for non-payment of taxes will be assessed. If you don't file your taxes or an extension by April 15, 2013 then you will be assessed penalties and interest for non-payment of taxes and for non-filing of the return on a timely manner.
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Day care regulations are published by the state. The particular organization within the state varies.