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How do I claim administrative hours for my home daycare outside of my actual hours/days of operation (with kids)?
I see options for entering sq footage used and hours I had children/worked but can't figure out where to plug the administrative hours in (cleaning, accounting). Do i calculate those hours into each day (instead of 10hrs each day, add in a few hours for cleaning, repairs, and accounting)?
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posted
June 4, 2019
4:09 PM
last updated
June 04, 2019
4:09 PM
1 Best answer
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How do I claim administrative hours for my home daycare outside of my actual hours/days of operation (with kids)?
Unfortunately, the IRS does not allow self-employed individuals to deduct as an expense a draw or a salary they pay to themselves for the hours put into their self-employed business.
June 4, 2019
4:09 PM
1 Reply
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How do I claim administrative hours for my home daycare outside of my actual hours/days of operation (with kids)?
Unfortunately, the IRS does not allow self-employed individuals to deduct as an expense a draw or a salary they pay to themselves for the hours put into their self-employed business.
June 4, 2019
4:09 PM
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