topic I don't have any business income to report. Can i still take the simple business deduction in Business & farm https://ttlc.intuit.com/community/business-taxes/discussion/i-don-t-have-any-business-income-to-report-can-i-still-take-the-simple-business-deduction/01/418238#M15825 <P>The business was started in August 2016. I have no income. I don't have any other income to report. I did not work a regular job so there is no w-2 income to report. I don't have a 1099 MISC.</P> Tue, 04 Jun 2019 21:00:45 GMT barnesmr1961 2019-06-04T21:00:45Z I don't have any business income to report. Can i still take the simple business deduction https://ttlc.intuit.com/community/business-taxes/discussion/i-don-t-have-any-business-income-to-report-can-i-still-take-the-simple-business-deduction/01/418238#M15825 <P>The business was started in August 2016. I have no income. I don't have any other income to report. I did not work a regular job so there is no w-2 income to report. I don't have a 1099 MISC.</P> Tue, 04 Jun 2019 21:00:45 GMT https://ttlc.intuit.com/community/business-taxes/discussion/i-don-t-have-any-business-income-to-report-can-i-still-take-the-simple-business-deduction/01/418238#M15825 barnesmr1961 2019-06-04T21:00:45Z no unless you can verify material participation in the bu... https://ttlc.intuit.com/community/business-taxes/discussion/no-unless-you-can-verify-material-participation-in-the-bu/01/418245#M15826 no unless you can verify material participation in the business Tue, 04 Jun 2019 21:00:46 GMT https://ttlc.intuit.com/community/business-taxes/discussion/no-unless-you-can-verify-material-participation-in-the-bu/01/418245#M15826 saddlesman 2019-06-04T21:00:46Z