Daycare.com Forum

Go Back   Daycare.com Forum > Daycare Insurance

Daycare Insurance Discuss your insurance and liability concerns here.

Reply
 
Thread Tools Display Modes
  #1  
Old 02-07-2011, 11:13 PM
marniewon's Avatar
marniewon marniewon is offline
Daycare.com Member
 
Join Date: Aug 2010
Location: Michigan
Posts: 895
Default Items on Multiple Forms?

I'm noticing that certain items are located on multiple forms, like Insurance, Repairs and Maintenance, Utilities, etc are located on both form 8829 and Schedule C. Do I put these items on both forms?

As for gross income, should I include my food program income on Schedule C, Line 1, or is there another place to put this? Nevermind, figured this one out.

I still really need help with the first question. I'm starting to figure it all out (and that's no small feat when I have a screaming baby 10 feet away!!), but this one stumps me.

Last edited by marniewon; 02-08-2011 at 12:11 PM. Reason: clarifying
Reply With Quote
  #2  
Old 02-08-2011, 05:04 PM
TomCopeland's Avatar
TomCopeland TomCopeland is offline
Business Author/Trainer
 
Join Date: Jun 2010
Location: St. Paul, Minnesota
Posts: 2,624
Default Multiple forms

Yes, it can be confusing to know where to put expenses - Schedule C or Form 8829. In general, put expenses relating to the house on Form 8829 and put everything else on Schedule C. House insurance goes on Form 8829, business liability insurance goes on Schedule C. House repairs go on Form 8829. Repairs of furniture and toys go on Schedule C. Utilities go on Form 8829.




Join me on February 28th for my webinar "How to Reduce Your Taxes for 2010 and 2011. For more info:http://www.daycare.com/news/taxes/to...d-webinar.html
__________________
http://www.tomcopelandblog.com
Reply With Quote
Reply

Tags
form 8829, insurance, maintenance, repairs, schedule c, utilities

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
Where Do You All Buy DC Items? Nickel Daycare Center and Family Home Forum 2 07-11-2012 10:14 PM
Can I Deduct Yard Sale/ Craig’s List Items? lvt77 Daycare Center and Family Home Forum 9 01-15-2011 10:12 PM
Do You Have To Claim Income From The Sale Of DC Items? legomom922 Daycare and Taxes 2 01-04-2011 10:04 AM
Child Attending Multiple Daycares CVNelson Parents and Guardians Forum 6 07-15-2010 12:27 PM
not signing forms melissa ann Daycare Center and Family Home Forum 2 07-03-2009 05:50 AM


All times are GMT -7. The time now is 11:20 PM.



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