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Business & farm
Yes, you are required to file. Yes, you will claim your expenditures which will most likely be startup expenses, not business expenses because you are not yet "open for business". No, your expenditures will not be deductible. They will be carried over to next year and deducted from income then. But if you don't claim them this year, then you can't carry over to next year.
May 31, 2019
6:12 PM