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April 7, 2024
Question

I operate an in-home daycare. QBSE doesn't appear to be tracking my deductions using "time/space percentage" required by the IRS. Anyone found a workaround for this?

  • April 7, 2024
  • 1 reply
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1 reply

April 7, 2024

Hello there, Jamie. I see you want to track deductions using time/space percentage.

 

If you need to calculate other types of taxes, you can calculate them in TurboTax. With this, I'd suggest reaching out to Turbo Tax. They have the resources to help you track your deductions. If you have complicated taxes, I recommend working with an accountant.

 

In addition, you can check out this article if you want to file your taxes with QuickBooks Self-Employed: QuickBooks Self-Employed annual tax guide

 

If you have further concerns about tracking your deductions in QBSE, feel free to come back here in the Community. We're here to assist you 24/7.