cjaykumar
New Member

Propietorship question

My wife started a sole propietorship (as a DBA) in November 2016, but it opened for business on 1/1/2017.  There are expenses for setting up with the City and County in 2016. Will these be treated as expenses for 2016 or 2017? Can these expenses be written off as a Loss, since she didn't have  an income before 1/1/2017?