2007-04-14 06:07:27 · 3 answers · asked by dbbedford 2 in Business & Finance ➔ Taxes ➔ United States
I think you can only consider it earned income if you had taxes taken out of it and the person paying you reported it to the IRS as well. Both parties have to be able to show that the money changed hands.
In the past, when I used a day care provider, this was one of the reasons that I always went with a licensed provider. She could claim the money as earned income, and I could use it as a deduction for playing child care.
2007-04-14 06:19:00 · answer #1 · answered by jrstina624 3 · 0⤊ 2⤋
You're reporting and paying taxes on the amount? Then yes, you can.
2007-04-14 13:25:06 · answer #2 · answered by Judy 7 · 0⤊ 0⤋
I think you should. I believe if you earn less than $500 in a year, then you don't have to report it.
2007-04-14 13:16:20 · answer #3 · answered by ASK 3 · 0⤊ 3⤋