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Daycare and Taxes>Expenses Almost Same As My Income, Good Or Bad?
legomom922 08:58 AM 03-28-2011
My income was 4150, and my expenses including my depreciation, are like 3980..I have no idea how my "time" worked doing other things when DC kids are not here, or my mileage, will come into play and what kind of outcome it will give me, but does this mean I will probably end up with a loss? How does that affect my taxes? Is it a good thing or a bad thing? Should I take some expenses out?
What do I do?
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Tags:deduction - how much, tom copeland
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