Originally Posted by TwinKristi:
Our R&R agency is awesome! We had a tax class and I learned a lot, even for my dh's business! I do my own but I know there's some little things specific to daycare I probably don't fully understand yet. Last year was my first year and it actually benefitted me to only use my income and no deductions. It's kept decreasing my refund when I put expenses in because I was on a cusp of getting a bigger or smaller refund by how much I made. I got myself almost $2k just by taking off all my deductions. It was crazy. This year I know it won't be that way because I've made probably 3x as much.
Thanks, that reminds me, there is a class coming up in Jan. on taxes and record keeping. I'm so going to take that, I forgot all about it!