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Business & farm
It's not acceptable to deduct expenses for a business that is not up and running. You would only be considered to be a legitimate business if you were "open for business", which would mean you were actively soliciting sales. If your business is not active, then you should not be filing a schedule C for it and deducting business expenses.
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‎April 6, 2023
8:32 PM
1,347 Views