My adult dependent daughter has started a business which I helped finance. Is this deductible on my 1040?

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My adult dependent daughter has started a business which I helped finance. Is this deductible on my 1040?

No, this is not deductible as an expense on your tax return. This would be considered a personal investment if you are not part-owner of the business.

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My adult dependent daughter has started a business which I helped finance. Is this deductible on my 1040?

No, this is not deductible as an expense on your tax return. This would be considered a personal investment if you are not part-owner of the business.

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