Forum: Daycare and Taxes 03-04-2014, 01:26 PM

Replies: 5 Tax Implications For Low Income 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 Tax Implications For Low Income 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...