Can You Itemize???

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  • Unregistered

    Can You Itemize???

    Just curious,
    I have been doing daycare for 9 years and every year, we add things up, but never have enough to itemize.
    With deducting T/S for house costs, mort, taxes, I never have enough left to the point I ahve enough to itemize.
    Anyone else have this issue?
    If you are able to itemize, what all do you claim on schedule A? Maybe I am missing something????

    Thanks for the help.
  • itlw8
    Daycare.com Member
    • Jan 2012
    • 2199

    #2
    NO I never have enough to itemize but then I don't remember being able to itemize before I started doing childcare either So I figure I come out ahead I can take a portion of the interest off my income that I could not deduct if I did not have the business.
    It:: will wait

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