Help!

Collapse
X
Collapse
 
  • Page of 1
  • Time
  • Show
Clear All
new posts
Previous template Next
  • mountainside13
    Daycare.com Member
    • Jan 2014
    • 777
    #1

    Help!

    I need help! We purchased a home in April and moved everything over to the house right away. The other place we had to pay rent, electricity, water and trash when we weren't living there because the lease wasn't over yet. Do I claim both places for the electricity, water and trash? then both mortgage and rent since they over lapped? There was no daycare kids there after we moved but since we used the utilities to clean up after they were gone. I'm not sure!
    Tags: None
      • Flag
    • Blackcat31
      • Oct 2010
      • 36124
      #2
      Originally posted by mountainside13
      I need help! We purchased a home in April and moved everything over to the house right away. The other place we had to pay rent, electricity, water and trash when we weren't living there because the lease wasn't over yet. Do I claim both places for the electricity, water and trash? then both mortgage and rent since they over lapped? There was no daycare kids there after we moved but since we used the utilities to clean up after they were gone. I'm not sure!
      I don't think you can claim anything at the rental home if there were no kids present. Not 100% sure though...

      Here is a quote from Tom Copeland expanding on this:

      Originally posted by TomCopeland
      If you used two homes for your business in 2014, here's an article that explains how to calculate the expenses for each home: http://www.tomcopelandblog.com/2011/...-one-year.html

      If you only started doing child care in April, here's an article to tell you how to claim house expenses when you weren't in business for a full year: http://www.tomcopelandblog.com/2012/...tire-year.html
        • Flag

        Comment

        • mountainside13
          Daycare.com Member
          • Jan 2014
          • 777
          #3
          Thank you! I didn't find anything on the expenses so I called our tax preparer. She said that I claim it, I called a different place to just confirm before I do all the work and he said I dont. Ahhh, so confusing! I have given up for now. ::
            • Flag

            Comment

            • Blackcat31
              • Oct 2010
              • 36124
              #4
              Originally posted by mountainside13
              Thank you! I didn't find anything on the expenses so I called our tax preparer. She said that I claim it, I called a different place to just confirm before I do all the work and he said I dont. Ahhh, so confusing! I have given up for now. ::
              Contact Tom Copeland directly via e-mail or calling. I've heard from lots of providers that is SUPER reachable and VERY helpful!

              Its worth a shot...

              651-280-5991
              tomcopeland@live.com
                • Flag

                Comment

                • TomCopeland
                  Business Author/Trainer
                  • Jun 2010
                  • 3062
                  #5
                  Tom Copeland

                  Originally posted by Blackcat31
                  Contact Tom Copeland directly via e-mail or calling. I've heard from lots of providers that is SUPER reachable and VERY helpful!

                  Its worth a shot...

                  651-280-5991
                  tomcopeland@live.com
                  True - contact me for help....
                  http://www.tomcopelandblog.com
                    • Flag

                    Comment

                    Previous template Next
                    Working...