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Can I deduct business loss?
As a side business attempt, my son tried to sell tee shirts and hats. He did it for a few months, along with his other 3 jobs, but it didn't work out. Overall he lost about $1,000.00 on the venture. Can he use TT Home and Business and use the Business section to show his business loss, den though he only did it for a few months and discontinued it all? Thanks,
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‎June 6, 2019
7:51 AM