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Daycare and Taxes>Mid year method
legomom922 04:35 AM 03-22-2011
Since you have to pick something in MMK, or it doesnt work, am I right in assuming I would choose mid yr for everything since I opened in June 2010?
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TomCopeland 07:36 AM 03-22-2011
I think you mean the "half year convention". This is the choice for most items you are depreciating. The only items you would choose "mid-month convention" are the home and home improvements.
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