mschestyboo19
New Member

Can I receive refund for my business if the business isn't operating in 2018? I made expenses for the business in 2018

 
AlanT
Expert Alumni

Business & farm

Unfortunately, you cannot receive a refund for your business that operated at a loss last year.  You can, however, use the loss to reduce your earned income which could result in lower taxes or a higher refund.    

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