What Should I do?

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  • JeepGirl6
    Daycare.com Member
    • Dec 2010
    • 328

    What Should I do?

    I did my taxes last year on TurboTax. Everything was fine, it was easy to understand. Well I have been working at a hospital for the past 3 months and continuing my day care. I am putting my notice in at the hospital tomorrow because I have decided Daycare is my passion, not the medical field. When I do turbotax next year, will I still be able to use it with having to do taxes for my daycare and the hospital w2? Will I have to hire someone since I will have to do daycare taxes and a w2 from the hospital? Thanks
  • Pammie
    Daycare Member
    • Jan 2010
    • 447

    #2
    I used Turbo Tax last year to file my taxes with my daycare income along with income from a part-time job reported on W-2s. Was no problem for me

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    • TomCopeland
      Business Author/Trainer
      • Jun 2010
      • 3062

      #3
      W-2

      When you work outside your home as well as doing child care in one year, you simply report your W-2 income on Form 1040 and then fill out Schedule C to determine your business profit and enter this on Form 1040 as well. Not a problem.
      http://www.tomcopelandblog.com

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