I started a small business that failed can I write off what I spent on products I purchased to start the business?

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Assuming your business was started with the intent of making a profit, then any operating expenses incurred would be considered a deductible business expense. Please see what can I write off as a business expense for more details.

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How do I apply the $199 I already spent on purchasing the 2024 home and business federal and state license code? I cannot install anything on the computer I am using.

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I started a small business that failed can I write off what I spent on products I purchased to start the business?

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