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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 03-03-2016, 07:19 AM
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Default Deducting Loan Interest

How do I deduct loan interest on a loan that was taken out to pay taxes due? I've had it for 3 years already, but it just occurred to me I may be able to use it as a deduction.
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Old 03-03-2016, 08:41 AM
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Default loan interest

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Originally Posted by TSDaycare View Post
How do I deduct loan interest on a loan that was taken out to pay taxes due? I've had it for 3 years already, but it just occurred to me I may be able to use it as a deduction.
Use your time-space % to deduct this loan interest.
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