Tom- Another Home Improvement Tax Question

[LittleScholars]

As mentioned in my last post, I opened my daycare in November 2015, so this is the first year I'm filing taxes as a provider. We bought our home 1.5 years...

[CrackerJacks]

We have old wooden kitchen cabinets that are warping and starting to chip in some places, if we paint all of them and add new hardware is this considered...

[Jennifer91]

We remodeled our downstairs this summer. I know we use the T/S% for supplies we bought, but is there a breakdown we should use?

I want...

We are going to be having a new roof installed on our home next month. It is a total tear off. Yikes! Expensive!
My questions is for those of you...

[MarinaVanessa]

We've done several home improvement projects to our home this year including regrouting our tile, remodeling our kitchen and replacing all of our windows....

[legomom922]

Ok Tom, you said I can put down past improvements, now I have a question. Do they get recorded in MMk under Home Improvements? But how does it get added...

[legomom922]

Tom, I was reading in one of your books about the deprciation and it said somewhere to write down and keep track of past improvements. Maybe I missed...

[JenNJ]

I had a large unfinsished room in my home (25 x 15). During the summer and fall of 2010, my husband and I finished this room and made it into a dedicated...

[legomom922]

Ok, so today I am working on my Home improvements file. So, from what I understand, is that we can deduct:

Home improvements that effect...