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Business & farm
If your business never actually started up and you had no customers/income, you do not have to file as self-employed. However, if you incurred expenses, other than the pressure washer and trailer which you've now sold, you could file Schedule C with your return to report those expenses and take a business loss, but to do so, you would need to upgrade to the self-employed edition of TurboTax.
‎June 3, 2019
10:49 AM