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amandagmoody
Level 1

Is there a limit to how much business expenses I can write off for a small side business?

 
1 Reply
PatriciaV
Expert Alumni

Is there a limit to how much business expenses I can write off for a small side business?

Within reason, no. Many businesses have more expenses than income in the first year.

You might review this TurboTax post for more info: Taking Business Tax Deductions


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