Does anyone know of the 2025 meal reimbursement (breakfast, lunch and snacks) rates for in home day care providers? I can only find the 2024 on the IRS site.
Assuming you mean the allowable amount for the tax deduction, for the 48 states:
@TaxGuyBill But those can't be right. They're higher than the 2024 amounts, and grocery prices are going down. I heard it on Fox News.
Where do I actually find those figures? Thank you for your help.
@Debst99 wrote:
Where do I actually find those figures? Thank you for your help.
In most cases, looking at Publication 587 is the easiest. However, as you pointed out, it seems like the IRS hasn't released a 2025 version yet (not even in Draft form).
The tax deduction is based on the daycare rate at the BEGINNING of the year. The rates change every July 1st, so you need to Google the rates for 2024-2025.
https://www.fns.usda.gov/cacfp/reimbursement-rates
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