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Forum: Daycare and Taxes 03-04-2014, 01:26 PM
Replies: 5
Views: 3,697
Posted By TheGoodLife
So would I just chose to not claim deductions...

So would I just chose to not claim deductions until I have a profit? And how much profit would you suggest to be safe? (If I make $400 a month, that's only $4800 annually.)
Forum: Daycare and Taxes 03-03-2014, 07:45 PM
Replies: 5
Views: 3,697
Posted By TheGoodLife
Tax Implications For Low Income

Question probably geared toward Tom- if I were to reduce my families to my one PT family and only made about $400 a month, what would be the tax implications? I know if you don't show profit after 3...