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Q for GeekGirlDany/Domestic Prod. Ded.

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    #1

    Q for GeekGirlDany/Domestic Prod. Ded.

    GeekGirlDany,
    I noticed in the Construction post that you have some small construction contractor clients. Would I be correct in assuming you will be taking the Domestic Production Deduction for some of these?
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    #2
    Yes I have taken this into consideration. They have not brough their paperwork for 2005 yet but I have their folders marked to remember the new deduction. I read through it in TTB. I had to read it twice to get all of it.

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      #3
      Domestic Production Deduction

      GGD, Thanks for for your reply. I refer to my post on the QF board where Janien jumpted in. This deduction is very complicated and apparently is still being absorbed by the profession. I may just sti back a while and see what happen.
      Thanks again, and MANY HAPPY RETURNS.

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