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-   -   Deduction Question (https://www.daycare.com/forum/showthread.php?t=88571)

Tigerlilly 02-12-2018 01:33 PM

Deduction Question
 
Another posthing about deductions got questioning this but I was told that unless my expenses were over $24,000, I would not be able to claim my expenses as deductions? Was this info incorrect?

TomCopeland 02-12-2018 03:29 PM

Expenses
 

Originally Posted by Tigerlilly:
Another posthing about deductions got questioning this but I was told that unless my expenses were over $24,000, I would not be able to claim my expenses as deductions? Was this info incorrect?

Totally bogus. I think what this is getting at is that if you are married the new standard deduction for 2018 is $24,000. But this has nothing to do with your ability to claim all business deductions!


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