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Our sole-proprietorship had no revenue in 2017 -- but will in 2018. Can we use a standard form this year (to avoid declaring a loss) and use schedule C again next year?
We are a married couple and file a joint return.
We have been using Schedule C for years -- but due to unexpected circumstances made no revenue on the business this year.
We have never declared a loss -- and don't wish to start now.
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‎June 4, 2019
5:19 PM