Deductions

I operate a home daycare and use my living room during business hours, how do I calculate the time-space percentage for my home office deduction?

A home daycare often involves a time-space percentage that reflects both the area used for care and the hours it is used for business. The calculation commonly depends on the portion of the home devoted to the daycare, the number of hours that space is used during the year, and whether the area is u

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