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Home daycare time-space percentage for home daycare providers

Varies

Can You Write Off Home Daycare Time-space Percentage for Home Daycare Providers?

Short answer: Yes: daycare providers deduct home costs by a time-space percentage, without the exclusive-use rule.

Track hours used for daycare and square footage.

Records to keep: Keep receipts, 1099s and platform tax summaries, a mileage log, and a note of the business purpose.