In 20' 21' 22' and 23' I did landscaping about half of my time. In 2024 I didn't operate/won't be. I plan to return 2025 but at a smaller pace.
I still have equipment deprecating, still have tax bills, insurance, and a few other things including storage ect but little to no income. I have w2 income (and wife) as well. Can I anticipate claiming my expenses the same - with no income because the business was on hold one year? I don't claim mileage, I claim expenses on a work truck - still doing to maintain for next year. Ect.
Can I claim the bare minimum to maintain the business with no income?