Tax documents for parents

[preschoolteacher]

Hi guys! I have a family asking for 2013 tax information from me. What are they asking for? What do you give?


Thanks!

[itlw8]

they need your EIN number or if you do not have one ( get one it takes 5 minutes) your SS# . They also may be wanting what they paid for the year to save them time. You do not HAVE to give the total tothem but it is good business practice.

[sharlan]

I give my parents a W-10 with my EIN and the amount they paid for the year. I have them sign and date it before I give it to them, then I make a copy for my records.

[Kabob]

I give my parents a W-10 with my EIN and the amount they paid for the year. I have them sign and date it before I give it to them, then I make a copy for my records.

This.

If you do not have an EIN then you can apply for one online or use your social security number (not suggested).

Btw, I use Minute Menu Kids and it has an option to print off W-10 forms for each parent in the accounting section (I think you need pro for this feature though). Just thinking about the future.

[KidGrind]

I give them a W-10 with the total noted. I also have them sign a letter acknowledging they’ve received W-10 with EIN # and total amount in childcare fees I received the previous year. I have them initial the amount and sign at the bottom.

[Blackcat31]

Hi guys! I have a family asking for 2013 tax information from me. What are they asking for? What do you give?


Thanks!

Here is a couple of Tom Copeland's blog entries about EIN's and W-10's and the rules

http://www.tomcopelandblog.com/.services/blog/6a0133f3fc5805970b0133f3fc770b970b/search?filter.q=W-10

[preschoolteacher]

Thanks! I figured it out. Easier than I originally thought!