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Daycare and Taxes All things related to Taxes and running a Daycare post here. Topics of tax exemptions, forms, filings, tax write offs, IRS etc.

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Old 10-31-2017, 01:00 PM
Little Home's Avatar
Little Home Little Home is offline
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Exclamation Extra Hours

I started my daycare in March 2017, and I have not been keeping track of the hours I spent outside my daycare hours to perform daycare activities such as buying and unloading groceries during all those months until now. How can I account for the hours during the months for which I did not have records of hours spent on daycare activities outside regular business hours to determine the T/S. Thank you!
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Old 10-31-2017, 05:39 PM
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hwichlaz hwichlaz is online now
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Not the expert, but I'd keep track for Nov and Dec and figure out a monthly average from that.
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