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Daycare and Taxes>Only worked from June-Dec
Orange2001 06:37 AM 08-15-2016
How would I figure my hours for the T/S % ?

If I only worked at the home child care for the last half of they year I'm worried (and my husband who usually prepares our taxes) that we will still have to claim ygr standard deduction for this year. Any help or suggestions thanks.
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TomCopeland 08:41 AM 08-15-2016
Originally Posted by PumpkinPatch:
How would I figure my hours for the T/S % ?

If I only worked at the home child care for the last half of they year I'm worried (and my husband who usually prepares our taxes) that we will still have to claim ygr standard deduction for this year. Any help or suggestions thanks.
Here's an article about how to calculate your time-space % when you are in business for less than 12 months of the year. It may or may not affect your ability to itemize your tax return. You can always claim the standard deduction.
http://tomcopelandblog.com/how-to-cl...he-entire-year
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Orange2001 09:40 AM 08-15-2016
Great thanks so much
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