if i did not make any income with the business in 2024 but did work on the business, is this considered passive? Will my deductions be considered passive activity losses?

thanks in advance

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No. If you are actively involved in the business, even if you made no income, this would not be a passive loss. Complete Schedule C (Self-Employment) and TurboTax will report the activity on Schedule 1 Line 3 (Business Income or Loss).

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Turbo Tax said I had to mail in my returns. I amended items and I believe I can e-file now, how can I get it to consider e-filing if I never mailed in my taxes?

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if i did not make any income with the business in 2024 but did work on the business, is this considered passive? Will my deductions be considered passive activity losses?

if i did not make any income with the business in 2024 but did work on the business, is this considered passive? Will my deductions be considered passive activity losses?

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if i did not make any income with the business in 2024 but did work on the business, is this considered passive? Will my deductions be considered passive activity losses?

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if i did not make any income with the business in 2024 but did work on the business, is this considered passive? Will my deductions be considered passive activity losses?

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