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Daycare and Taxes>Closed My Daycare In October
awestbrook713 05:58 AM 02-02-2013
When figuring out my time space % do I use the full years hours of 8784 or do I calculate it using the hours up to my final day of business?

Same question with my mileage do I use the mileage from the beginning of the year until I closed my doors or until the end of 2012?
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TomCopeland 04:36 PM 02-02-2013
Originally Posted by awestbrook713:
When figuring out my time space % do I use the full years hours of 8784 or do I calculate it using the hours up to my final day of business?

Same question with my mileage do I use the mileage from the beginning of the year until I closed my doors or until the end of 2012?
If you were only in business for part of the year, count the number of hours you did work and divide them by the total number of hours in the months you lived in the home.

Divide the number of miles you drove your car by the number of miles you drove while you were in business.
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awestbrook713 03:53 AM 02-03-2013
Thank you!
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