topic I started an active business in 2016 but had no income until 2017. Additionally my total loss was less than $20,000. Are my losses fully deductible in 2016? in Get your taxes done using TurboTax https://ttlc.intuit.com/community/taxes/discussion/i-started-an-active-business-in-2016-but-had-no-income-until-2017-additionally-my-total-loss-was/01/583740#M237495 <P>My losses were all incurred on and after the month that I started my business.</P> Wed, 05 Jun 2019 22:55:30 GMT dneufelder 2019-06-05T22:55:30Z I started an active business in 2016 but had no income until 2017. Additionally my total loss was less than $20,000. Are my losses fully deductible in 2016? https://ttlc.intuit.com/community/taxes/discussion/i-started-an-active-business-in-2016-but-had-no-income-until-2017-additionally-my-total-loss-was/01/583740#M237495 <P>My losses were all incurred on and after the month that I started my business.</P> Wed, 05 Jun 2019 22:55:30 GMT https://ttlc.intuit.com/community/taxes/discussion/i-started-an-active-business-in-2016-but-had-no-income-until-2017-additionally-my-total-loss-was/01/583740#M237495 dneufelder 2019-06-05T22:55:30Z Business expenses are deductible in 2016 if the business... https://ttlc.intuit.com/community/taxes/discussion/business-expenses-are-deductible-in-2016-if-the-business/01/583742#M237497 <P>Business expenses are deductible in 2016 if the business has started in 2016, regardless if there is any income or not.</P> Wed, 05 Jun 2019 22:55:31 GMT https://ttlc.intuit.com/community/taxes/discussion/business-expenses-are-deductible-in-2016-if-the-business/01/583742#M237497 RichardK 2019-06-05T22:55:31Z