We didn't overpay in taxes. According to the Copeland daycare tax book (cant' remember the title) I took all the deductions I was entitled to. And I had to pay way more than any other year. And that in spite of taking the % on a new furnace, new hot water heater, other appliance repairs, etc. My furniture is all old. my tv is not used for daycare, so cable can't be claimed (it's never on during the daycare day) We mow and shovel ourselves...
I did make good money- living in one of if not THE highest priced area of the country (MA, about 30 min west of Boston) daycare is pricey. So I make out. Works for me- I pay my teenage daughters to assist, and have hired 2 employees for the summer/fall of this year.

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