Where Do I Claim ...

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  • familyschoolcare
    Advanced Daycare.com Member
    • Jun 2011
    • 1284
    #1

    Where Do I Claim ...

    .... all the things I took a picture of and estemated the value of that where in my house when the day care opened?
    Tags: None
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    • TomCopeland
      Business Author/Trainer
      • Jun 2010
      • 3062
      #2
      Depreciation

      You must depreciate these items on IRS Form 4562. Most every household item will be depreciated over 7 years, so put the amounts on line 19c.
      http://www.tomcopelandblog.com
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