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Deductions & credits
@kaplan wrote:
If I keep working on the project and tracking hours that I can't be paid for by the client, can I deduct those losses on my taxes against my reported income?
You don't have a "loss" to deduct, you just have less income to report.
You can't deduct an item from your income that was never part of your income to begin with.
‎November 23, 2020
10:54 AM