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No, you will file a return in the year you begin business operations. You have most probably incurred "start-up costs" for your business and those start-up expenses will be reported on your first business return.
The following provides more information about business start-up costs you'll want to keep in mind for your first business return. https://ttlc.intuit.com/replies/5778960
No, you will file a return in the year you begin business operations. You have most probably incurred "start-up costs" for your business and those start-up expenses will be reported on your first business return.
The following provides more information about business start-up costs you'll want to keep in mind for your first business return. https://ttlc.intuit.com/replies/5778960
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