Deductions & credits


@AndrewG25 wrote:

 I'm starting the LLC this month and plan to deduct expenses with zero income from the business, 


 

Wait a second.  You are STARTING the business THIS month (May 2021)?  Taxes are done on an ANNUAL Basis.  So if you are starting the business this month, it seems likely that you WILL have income for 2021, won't you?