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Daycare and Taxes All things related to Taxes and running a Daycare post here. Topics of tax exemptions, forms, filings, tax write offs, IRS etc.

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  #1  
Old 01-12-2012, 07:49 AM
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awestbrook713 awestbrook713 is offline
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Default Union Dues

I receive subsidy payments in the state of New York and as of 2012 they will now be deducting 2% of the union dues from each of your subsidy payments whether you join or not. In the letters I have received it says you may be able to get a reimbursement for part of these payments but my question is when entering my subsidy checks into MMK do I enter the check total before the union dues deduction or after, and also do I enter the deduction into expenses? Thanks
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Old 01-12-2012, 09:03 AM
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I don't know the answer to your question sorry. But I was hoping you could help me with my (don't mean to steal your thread) When you use MMK and enter the state payments are you able to break it down into 2 fields? One being the state portion and the other being the parents portion? Does it also keep a balance of what is owed????

I would appreciate any info
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Old 01-12-2012, 12:03 PM
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Quote:
Originally Posted by DaycareMama View Post
I don't know the answer to your question sorry. But I was hoping you could help me with my (don't mean to steal your thread) When you use MMK and enter the state payments are you able to break it down into 2 fields? One being the state portion and the other being the parents portion? Does it also keep a balance of what is owed????

I would appreciate any info
I enter the parent portion under parent billing (as a normal invoice) and the state paid portion under "other income".

Keeps a running total for parents AND the amount the state paid to me. I use the note section for any additional comments.

awestbrook713~ sorry I can't help you out, we aren't union..... yet.
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Old 01-12-2012, 12:24 PM
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awestbrook713 awestbrook713 is offline
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I agree with blackcat on the break down and input.

I'm not in the union yet either but they take the 2% whether you are or not.
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Old 01-12-2012, 02:28 PM
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Thanks guys

I would think you would enter the total after the deduction and then list the union dues as a seperate exspense. but im not 100%. Maybe if you post the question under the tax thread Tom will chime in. Im curious too!
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