HollyP
Employee Tax Expert

Self employed

You're welcome @ktax2!

 

And @VolvoGirl makes a good point that some losses are not allowed if they reduce your business profit below zero, like a home office or self-employed health insurance,  but they just get carried over and are deducted when you business shows a profit.

 

But again, don't worry, TurboTax will walk you through all that when you complete your return.

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