Do I have to file taxes for a business I tried to start up last year?
No, in most cases you do not have to file for the business. But, if it was a legitimate attempt at a profit-seeking venture, you can write off up to $5,000 in start up costs.
Do I have to file taxes for a business I tried to start up last year?
No, in most cases you do not have to file for the business. But, if it was a legitimate attempt at a profit-seeking venture, you can write off up to $5,000 in start up costs.
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