Elijah H. asked

💰  Tax

My sister started a home daycare last year. She lives in a home owned by her husband and paid him $366 per month rent for the space used for the daycare. Can she expense the rent on her taxes for space in a home she lives in with her husband, or is she setting herself up for an audit?

January 12th, 2024

Johnny H. answered

She should not claim rent as an expense for the daycare in her personal home. Instead, she can claim...

January 12th, 2024

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