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Business & farm
Coleen did not answer your question, did she? From what I understand, you have to start operating as a business to take a start up deduction. To be safe, I had product partially ready before the end of my tax year and had a friend buy the product and put it into my accounting because there is "no specific amount of gross income that you must meet for your expenses to become deductible".
‎June 4, 2019
9:42 PM