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Deductions & credits
I again, appreciate the clarification.
To reiterate, I did not receive any income from the drone in 2019. So I would not need to amend my 2019 tax return or file a schedule C for 2019. 2020, however, would be different, as my first drone job was in January of 2020.
I understand the drone is an asset and not an expense. Thank you again for all of your help and for educating me on this.
‎December 17, 2020
7:15 PM