How I Do My Home Deduction

[Julia2]

Hi I have a question, how I deduct the used of my home for using part of it for my home daycare business?, my plan was rent myself my first full floor...

[Sunchimes]

I feel sure that I know the answer to this, but before I write off all of the hours, I wanted to double check.

My husband was in the hospital...

[lovemykidstoo]

I must be missing some weekly cleaning or bookkeeping recordings because my t/s ratio is low. Did everyone get theirs done or calculated? Can I ask...

[LittleExplorers]

Can time spent on daycare forums or Facebook pages after kids are gone be counted in time and space? I did not track last year but it adds up.

[tenderhearts]

I was wondering what happens on taxes when you own your home and have been doing daycare and decide to close!

[Abigail]

I have 2400 hours with children and 300 hours without children total of 2700 hours worked/ 8760 hours in a year.

My time percentage: 30.8%...