- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Self-employment is a business even if you don't have any employees.
Start up expenses are expenses you pay to start a business, prior to launching your business. For example, research costs and legal advice.
The IRS does look at the breeding of cats and dogs as a hobby, but if you feel your breeding activity rises to the definition of a business, your breeding stock is listed as Assets.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎April 12, 2022
1:55 PM