I have been thinking about this for weeks now and keep meaning to ask my accountant (who is a close friend) but she has a TON on her plate right now.
I run an at home daycare so I know what I'm allowed to deduct for all that but it got me thinking. While I know we can't claim the children as dependents, can we itemize stuff that we buy for them? How do we decide what is coming from our per diem and what we pay for out of our own pocket? Because we are getting a per diem from the state, are we allowed to write off any of that stuff?
It seems highly unlikely that we couldn't write off "anything" but likely that they would get around something like this. It has not been addressed in any of our classes and I haven't asked my SW knowing she's not an accountant. She may have some answers but not all of them.