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LIST YOUR DAYCARE! FIND A DAYCARE! |
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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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#1
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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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#2
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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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