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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.

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Old 09-11-2012, 01:57 PM
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Default More Computer - Tom??

What is I got a new laptop onl for DC use, paperwork, kids projects, etc....

How do I deduct that and how do I prove it is truly 100% day care??
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Old 09-11-2012, 04:51 PM
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Some previous computer deduction threads: http://daycare.com/forum/tags.php?ta...ion+-+computer
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Old 09-12-2012, 11:14 AM
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Default computer

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What is I got a new laptop onl for DC use, paperwork, kids projects, etc....

How do I deduct that and how do I prove it is truly 100% day care??
If you use it more than 50% of the time for your business, you can deduct the entire business portion in 2012 by using the Section 179 rule. Deduct this on Form 4562, Part I.

To prove that you use the computer 100% for your business - make sure you have another computer in your home you use for personal purposes. Take a picture of both computers. If your business computer is in a day care room (playroom, etc.) then it's easier to argue it's used 100% for your business than if the computer was in your bedroom.

Write out a note that describes all the business purposes you use your computer for. Keep one month of records showing when you did this work on your computer (day and time of day and how long you were on the computer).
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