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Business & farm
So my issue is that my small business didn't do great last year, but I had a lot of expenses, so my Schedule C Line 31 ended up a jaw-dropping zero! The IRS instructions do not consider that possibility. It even shocked me! The forms say to do one thing if it's a profit, and something else if it's a loss, but there's nothing about breaking even. So what do I do now?
March 17, 2023
9:52 PM