midaycare 05:22 PM 05-27-2014
For those that own a home, do you pay your home back a percentage of the utilities monthly, or save all of the bills and do a write off at the end of the year?
BumbleBee 05:41 PM 05-27-2014
I, personally, do a write off at the end of the year based on my time space percentage.
midaycare 06:52 AM 05-28-2014
Thank you!
melilley 11:57 AM 05-28-2014
Originally Posted by Trummynme:
I, personally, do a write off at the end of the year based on my time space percentage.
Same here
sharlan 04:30 PM 05-28-2014
I write off at the end of the year.
midaycare 07:27 PM 05-28-2014
Thanks everyone. I thought that was probably how it was supposed to be done, since I won't know my time/space percentage until the end of the yeat
rebekki78 06:54 AM 05-29-2014
Originally Posted by Trummynme:
I, personally, do a write off at the end of the year based on my time space percentage.
This. Thankfully my accounting program does this automatically after I enter in all info!
itlw8 08:02 PM 05-31-2014
I do not keep the money that separate. Everything is pretty much mixed together. I pay the bills and at the end of the year I take it as a deduction But I do not pay a home account. Heck since we file jointly even the tax return is comingled