- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
Yes, the information entered still applies and you can follow the instruction provided by @LindaS5247. Be sure to review all of the information she provided.
You can either deduct or amortize start-up expenses once your business begins, meaning you are open and operating your business, rather than filing business taxes with no income. This might be the best decision to reduce your income for self employment taxes (social security and medicare taxes) when your business actually begins.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
March 25, 2024
1:00 PM