Default Style Register
Daycare.com Forum
Daycare and Taxes>School Year Only
LittleExplorers 11:42 AM 08-24-2018
I am closed June 2nd to Aug 20 (teacher's kids.) How do you figure time and space? If you don't count those days, how does that effect depreciation? My tax man is saying to count those months in t/s but not any utilities etc from that time frame. This significantly lowers my t/s, but if that's the rule, shouldn't I also get to include expenses those months?
Reply
Tags:time space percentage
Up