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Thread: Record Keeping!

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  1. #1
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    I believe all furniture is 20% deductable. (But you can claim for 5 years I think??)
    But things like an appliance is 100% deductible for the amount of time it is being used by the daycare.

    I am not experienced, just some things I have read into recently as well.

  2. #2
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    Quote Originally Posted by KingstonMom View Post
    I believe all furniture is 20% deductable. (But you can claim for 5 years I think??)
    But things like an appliance is 100% deductible for the amount of time it is being used by the daycare.

    I am not experienced, just some things I have read into recently as well.
    I bought my couch 2 years ago and didn't claim it last year, can I claim 20% of it every year for the next 4 years?

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