JulieS
Expert Alumni

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. 

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