Forum Daycare Forum

Go Back Forum > Daycare and Taxes

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.

Thread Tools Display Modes
Old 02-17-2020, 09:44 AM
Reimel61's Avatar
Reimel61 Reimel61 is offline
New Member
Join Date: Oct 2012
Location: Maryland
Posts: 66
Default Question on Maintenance Deduction

I had my driveway sealed for $300. Can I deduct that all at once?
Reply With Quote
Old 02-17-2020, 11:55 AM
TomCopeland's Avatar
TomCopeland TomCopeland is offline
Business Author/Trainer
Join Date: Jun 2010
Location: St. Paul, Minnesota
Posts: 3,066
Default deductions

Originally Posted by Reimel61 View Post
I had my driveway sealed for $300. Can I deduct that all at once?
Yes, you can deduct the business portion of any expense, no matter what the cost, with the exception of the purchase of a home, home improvement or home addition. Multiply the $300 by your time-space% and deduct it as a repair on Form 8829.
Reply With Quote

driveway sealant, tax deduction

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not 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
Tax Write Off List, Can't Find daycare Daycare and Taxes 29 06-18-2021 03:26 AM
Deduction Question! mindi1314 Daycare and Taxes 1 03-03-2017 10:51 AM
Phone deduction question - tom CrackerJacks Daycare and Taxes 1 08-18-2014 07:25 AM
Deduction Question? llove530 Daycare and Taxes 1 01-15-2014 07:24 AM
Tax Question Re: Standard Meal Deduction AcornMama Daycare and Taxes 7 10-07-2013 05:05 PM

All times are GMT -7. The time now is 03:18 PM.         Find A Daycare         List Your Daycare         Toys & Products                 About Us
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