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lor
New Member

I'm to the question "cost of your home" for determining my deduction for having a daycare in my home and I don't understand what I'm suppose to put in this area

 
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Cindy0H
New Member

I'm to the question "cost of your home" for determining my deduction for having a daycare in my home and I don't understand what I'm suppose to put in this area

This will be part of the depreciation for use of your home as a business. How much did you pay for the house? The cost of the land can be found on your property tax statement. Land is not depreciated. It should be the values at the time you bought the property.

If you have other questions about this, ask in the comment box below.

More about depreciation:

https://ttlc.intuit.com/replies/3302228

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