Thank You Gift for DC Parents

[e.j.]

Two of my dc families made a large magnet board and chalk board for my day care room. I decided to hand make a blanket for each family to thank them. Since they're clients of mine, can I claim the time I spent making the blankets and the cost of the yarn? I feel cheap for asking this question but hate to not use those hours/dollars spent if I can claim them.

[Michael]

Here's a few threads that may be helpful: [url]https://www.daycare.com/forum/tags.php?tag=deduction+-+gifts[/url

[e.j.]

Thanks, Michael. I'll check them.

[TomCopeland]

time

Two of my dc families made a large magnet board and chalk board for my day care room. I decided to hand make a blanket for each family to thank them. Since they're clients of mine, can I claim the time I spent making the blankets and the cost of the yarn? I feel cheap for asking this question but hate to not use those hours/dollars spent if I can claim them.

Yes, you can count the hours and the cost of making the blankets. You can only deduct up to $25 per parent as a business gift expense.

[e.j.]

Awesome! Thanks for your reply.