Business & farm

No, what you put into the business is not a deduction.

You'll report the income you earned from that LLC and the expenses you incurred.  If you had to inject your own money into the businesses to keep it running, chances are your expenses have exceeded the income and youre in a loss situation already.

♪♫•*¨*•.¸¸♥Lisa♥ ¸¸.•*¨*•♫♪