- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
In 2018 I pursued a business as an Ind Consultant, but had to get a FT job. While I'm still a consultant, I am not pursuing a business now. Do I say the business ended?
I have business expenses for 2018 and will have a loss for tax purposes, but stopped pursuing the business aspect because I had to get a full-time job. I am still registered as an Independent Consultant with the company and still have sales every once in a while (but am not making a profit), and am not actively pursuing as a business. I do not expect to make a profit in 2019 or beyond. Should I check that the business ended in 2018 or not? If I do not say the business ended, will I need to continue reporting everything in future years?
Topics:
‎June 1, 2019
10:40 AM