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if you have no income from the LLC and no income from other sources such as wages, investments, etc you are not required to file an income tax return
You can start deducting expenses for your business once you are open for business and actively seeking sales, even if you report no income. Any expenses you have before that point you must add together and treat as start-up expenses once you are up and running. So, if your business was up and running in 2024, go to the self-employment section in TurboTax and enter your business expenses. Otherwise, keep track of your expenses so you can enter them in next year.
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