Can I deduct the unpaid time I have spent in my self-employed business as an expense?
Bottom line answer is no. With a sole proprietorship, single member LLC or Multi-member LLC, the owner(s) of such a business can not be an employee of that business. Your "time" is flat out not taxable. Therefore you flat out no way, no how can deduct it. Additionally, under no circumstances and with no exceptions will you issue yourself a W-2, 1099-MISC or any other type of tax reporting document.
