What type of organization is your business: sole proprietorship? partnership? qualified joint venture? single-member LLC? multi-member LLC? S corporation? C corporation?
Who are "we"? Is there more than one owner of the business? If so, who are the owners? If the only owners are two people who are married to each other, what state are you in?
What edition of TurboTax do you have: Basic, Deluxe, or Premier?
I'm taking your word for it that you can deduct expenses for your new business. You cannot deduct expenses if the business was not in active operation. With no business income at all, the IRS might question whether your business was active.
