Closed Daycare-Question for Tom

[AnythingsPossible]

I closed my daycare at the end of 2019. I have always used TurboTax to do my taxes and am curious if it will walk through the process of recapturing depreciation...

[goldstar]

Can I write of new appliances purchased in 2018 (fridge, stove) and Furniture (couches, ottoman) for my in home daycare? If so would I do this under "Other...

[Misslexi]

Hi, I opened my daycare September of last year. I went through Turbotax software, and it seems that the more business expenses I put in, the less money...

[ginacarlisle]

Running turbo tax and when I do error check I get schedule C (Daycare Provider) link to QBI wksht must be entered What does this mean? Thank you Tom...

[Amcarpenter90]

I am attempting to complete my 2017 taxes following an extension. Turbo tax is confusing me, and I’m hoping for clarification.

Does...

After entering all of the daycare expenses into the business section in TurboTax, while jumping to the personal section, do you enter everything again...

[mindi1314]

This is the first year I have paid an employee and withheld all necessary taxes. I ended up paying just a bit over $15,000 but using turbotax I cannot...

[Boymom]

Sorry, it's me again! Is the TurboTax Home and Business edition 100% deductible even though my husband's W2 info was entered?

[Grape Ape Mom]

I've been hearing terrible things about how Turbo Tax has raised their prices and disabled some features this year without disclosing it. Once you get...

[NightOwl]

I think I did it wrong. I know nothing about taxes. Someone recommended turbo tax because they have a program for home based businesses. So I did that....

[safechner]

what is percent of gross income must be entered?

am almost done with my return and is in the checking for errors section. the following...

[LittleCupcakes]

I have a question about the home office expenses in turbo tax. It use to have me put my time/space % in...but it's not asking for that this year, has...

[MissAnn]

Which do you like better? I have been doing online but I'm wondering if the download would be better? Will all the information transfer into the downloaded...

[EAP]

Just making sure Taxact (switched and like much better than TT) isn't going to re-apply my T/S % to the totals I have already entered on the schedule...

[rbmom]

Where would I enter the amount I am claiming for the standard meal deduction rates in Turbo Tax system? I am using the home and business version. ...