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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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what is percent of gross income must be entered?
am almost done with my return and is in the checking for errors section. the following entry was asked by TT: check this entry part 2 of schedule c form 8829: percent of gross income must be entered percent of gross income______ Line 8 Calculation Smart Worksheet B Enter the percent of gross income on line 7 of Schedule C that is from the business use of this home ____________% Should I entered 100% that I made income from daycare? |
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__________________
http://www.tomcopelandblog.com |
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Thank you so much!!!
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8829, form 8829, gross income, turbo tax |
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