I have a sole proprietor LLC. I did not open my store last year, thus had no income. I did have expenses, do I need to report them on my 1040?

I know I have to file any income on my personal 1040, but I am not sure if I need to file expenses this year or not.

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I have a sole proprietor LLC. I did not open my store last year, thus had no income. I did have expenses, do I need to report them on my 1040?

Report your expenses. A net loss is carried over to future years.

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I have a sole proprietor LLC. I did not open my store last year, thus had no income. I did have expenses, do I need to report them on my 1040?

Report your expenses. A net loss is carried over to future years.

I have a sole proprietor LLC. I did not open my store last year, thus had no income. I did have expenses, do I need to report them on my 1040?

Perfect, thank you so much!!

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