As found in our TurboTax article Filing a Tax Return for Your In-Home Daycare: Your daycare income is the money you receive from your clients, but can also include any grants you receive. However, if you received a grant and made a capital purchase with some of the money, you may not have to claim that portion of the grant as income.
For more information please see this Canada Revenue Agency (CRA) information:
Capital cost allowance for your daycare
Thank you for using TurboTax.
deafinitelydigit
New Member
jacobcraigpetrof
New Member
jwaneng
Returning Member
vikidave
New Member
mmmashiq
New Member
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.