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Daycare and Taxes All things related to Taxes and running a Daycare post here. Topics of tax exemptions, forms, filings, tax write offs, IRS etc.

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Old 05-24-2011, 09:59 AM
wdmmom wdmmom is offline
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Default Egress Window

If I have an egress window installed in my lower level, can I claim the expense on my taxes?

My state has different requirements for different catagories. If I change catagories, I will be required to have this.
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Old 05-25-2011, 03:16 PM
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TomCopeland TomCopeland is offline
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Default egress window

Yes, you can deduct an egress window that is used in your business. Since you will be required to put one in, claim 100% of the cost. Because it's a home improvement you must depreciate it over 39 years.
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