Own An In-Home Daycare? You May Qualify For At-Home Office Deduction
If you own a licensed daycare that you run out of your home, there is a possibility that you qualify for a home office deduction. The rules for a home office deduction, when you own and run a daycare out of your home, are very specific. Here are a few things that you need to know about claiming an at-home office deduction when you run an in-home licensed daycare.
Your Taxable Income Will Be Reduced By The Deduction