Can I Claim Items Bought In 2012 For This Year?

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  • melilley
    Daycare.com Member
    • Oct 2012
    • 5155

    Can I Claim Items Bought In 2012 For This Year?

    I opened my dc in Jan. of 2013, but I bought everything for the dc in 2012. Can I still claim everything that I bought last year on this years taxes?
  • TomCopeland
    Business Author/Trainer
    • Jun 2010
    • 3062

    #2
    Originally posted by melilley
    I opened my dc in Jan. of 2013, but I bought everything for the dc in 2012. Can I still claim everything that I bought last year on this years taxes?
    Yes, any items you bought in 2012 for your business, you can deduct on your 2013 tax return.
    http://www.tomcopelandblog.com

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    • melilley
      Daycare.com Member
      • Oct 2012
      • 5155

      #3
      Originally posted by TomCopeland
      Yes, any items you bought in 2012 for your business, you can deduct on your 2013 tax return.
      Awesome, thank you so much!

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      • rebekki78
        Daycare.com Member
        • Sep 2013
        • 137

        #4
        Thank you so much for answering. I have had so many questions since this is my first year filing taxes, but you guys are all having those same questions so I am just doing a lot of reading here today

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