Leonard
Intuit Alumni

Business & farm

Yes, you can claim the expenses without any income.  However, the IRS expects that you are conducting your business to make a profit and should they determine that is not the case they will disallow all the expense deductions you have taken.  You need to have and maintain accurate and detailed records of your business activities to support your position.

 

[Edited 03/10/2020 | 1:06 pm PDT]

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