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Business & farm
If this is a business (self employment income), you certainly have A LOT of deductions, which will require a higher version of TurboTax, or preferably a tax professional.
Just a FEW of the MANY deductions: Food for the child, toys, paper towels, your home's utilities, mortgage interest/rent, furniture in your home, etc. Again, that is just a few items out of MANY. I highly recommend a tax professional that is EXPERIENCED with daycare taxes.
‎January 13, 2020
2:49 PM