Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Apr 14, 2025 6:45:35 AM

I have expenses from a prior year that I did not use to offset business profits. can I use them this year?

0 1 216
1 Replies
Expert Alumni
Apr 14, 2025 6:47:45 AM

No.

 

If you omitted certain business expenses from a prior year, you'll need to amend that year's tax return to report them.