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Daycare and Taxes>Deduction Question
Tigerlilly 02:33 PM 02-12-2018
Another posthing about deductions got questioning this but I was told that unless my expenses were over $24,000, I would not be able to claim my expenses as deductions? Was this info incorrect?
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TomCopeland 04:29 PM 02-12-2018
Originally Posted by Tigerlilly:
Another posthing about deductions got questioning this but I was told that unless my expenses were over $24,000, I would not be able to claim my expenses as deductions? Was this info incorrect?
Totally bogus. I think what this is getting at is that if you are married the new standard deduction for 2018 is $24,000. But this has nothing to do with your ability to claim all business deductions!
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Tags:deduction limit, tom copeland
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