Daycare.com Forum Kidacare by Minute Menu Force of Nature Disinfectant HiMama Childcare App

Go Back   Daycare.com Forum > Daycare and Taxes

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.

Reply
 
Thread Tools Display Modes
  #1  
Old 02-03-2015, 12:47 AM
TheGoodLife's Avatar
TheGoodLife TheGoodLife is offline
Home Daycare Provider
 
Join Date: Feb 2012
Location: Midwest
Posts: 1,368
Default Question about final daycare year expenses

How does the "carry over" amount of expenses work when it's your final year of daycare? Do you just lose anything that would have carried over?
Reply With Quote
  #2  
Old 02-03-2015, 06:55 AM
TomCopeland's Avatar
TomCopeland TomCopeland is online now
Business Author/Trainer
 
Join Date: Jun 2010
Location: St. Paul, Minnesota
Posts: 2,932
Default close business

Quote:
Originally Posted by TheGoodLife View Post
How does the "carry over" amount of expenses work when it's your final year of daycare? Do you just lose anything that would have carried over?
You lose any carry over expenses if you close your business because you no longer have any business income to offset these expenses.
__________________
http://www.tomcopelandblog.com
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Daycare Child Telling Parents Things That Have Them Question Me Constantly E Daycare Daycare Center and Family Home Forum 25 01-08-2018 02:32 PM
Question About Daycare In A Parent's Home Julia Daycare Center and Family Home Forum 9 05-26-2013 07:49 AM
Question on Daycare Contract thethinblueline Daycare Center and Family Home Forum 6 10-11-2012 06:41 PM
Dumbest Question Of The Year.... Countrygal Daycare Center and Family Home Forum 14 09-01-2012 05:08 AM
MMK, Expenses, T/S% Question?? Lisa4kids Daycare and Taxes 2 01-23-2011 08:08 PM


All times are GMT -7. The time now is 01:54 AM.



Daycare.com         Find A Daycare         List Your Daycare         Toys & Products                 About Us

Daycare.com
Please read our Disclaimer before continuing.

Topics pertain mainly to the following States:

Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming