First, based on the answers below and your specific situation, no, you may not need to submit a Form 1065 for 2021. If you earned and were paid for any income for business operations prior to 12/31/21, then you will need to either file your completed Form 1065 by 3/15 or file an extension for Form 1065 prior to 3/15.
Then, for your numbered questions:
- Your start date is the date you engaged in activities to earn income - so when you signed contracts for your services or when you first were paid for your services. Your expenditures prior to the start date should be accumulated and capitalized as an intangible asset with specific deduction and amortization rules starting after your start date. See Business Start-up and Organizational Costs on Publication 535 for more information.
- With this information, you do not have an NOL for 2021 because you cannot claim deductions from income prior to earning any income. The costs of preparing your home to provide office space for your business and all travel costs to your home state can be included in your Start-Up Costs, so you will not lose any benefit from the work you have done. If you have earned income in 2021, then you will start the amortization of start-up costs in 2021.
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