Started daycare August 2008-when I had my taxes done for that year, my tax preparer figured up my time/space percentage. I explained to him that I used my ENTIRE house,with the exception of a very small laundry room that is off limits. He then said only a certain percentage of the house can be used according to the IRS-there is a max amount you can use. I think we ended up using somewhere between 70-74%, but I really do use all of my house, if the IRS would like to come in and see that I will gladly show them....
So is there really a maximum on the percentage I can use, because I would like to make sure Im getting the most?
So is there really a maximum on the percentage I can use, because I would like to make sure Im getting the most?
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