YMCA Membership Deductible?

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  • jojosmommy
    Advanced Daycare.com Member
    • Jan 2011
    • 1103

    YMCA Membership Deductible?

    Is my ymca membership a deduction if I take my dck there to swim and play in the gym? How much of it? How about if I get partial reimbursement from my health ins, do I have to reduce my deduction by that much?
  • TomCopeland
    Business Author/Trainer
    • Jun 2010
    • 3062

    #2
    Ymca

    Unfortunately, your club memberships are not deductible business expenses. Memberships in professional organizations are deductible. If you paid a separate fee to have the day care children go to the Y, then this would be deductible.


    Join me for my webinar "2011 Family Child Care Tax Update: How to Reduce Your Taxes" Thursday, February 9th at 8:30pm Eastern time. To register:http://events.r20.constantcontact.co...&llr=yatrx4cab
    http://www.tomcopelandblog.com

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