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New Member
posted May 17, 2021 2:35:24 AM

If I temporarily closed my business do to corona, would I check I stopped my business in 2020""I started my business in 2020""I didn't start or stop my business in 2020"

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1 Replies
Expert Alumni
May 17, 2021 4:40:23 AM

If you are still in the same business and just had to temporarily shutdown due to COVID, then you did not close your business.

 

Still claim all income and expense(s) related to the business for the full tax year.

 

-follow this link for helpful information-

Self-Employed and Small Business Coronavirus Relief Center ...