Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

I started a business, and I have many expenses to report, even though the business didnt make any money. Can I still claim the expenses?

0
Posted

I started a business, and I have many expenses to report, even though the business didnt make any money. Can I still claim the expenses?

0

You can deduct expenses if your business made at least $600 during the course of the year.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123