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I recently spent 15k for equipments for my new YouTube channel, channel has yet to make any income being new, can I deduct the full 15k to offset my personal income?
- I don’t have a LLC yet
- my YouTube is content is to help people make cinematic videos and work with video gears
- I have a web domain and website for selling digital assets related to my YouTube contents and to host affiliated Amazon links
- my YouTube videos also have affiliated Amazon links in description
- I can not yet monetize my YouTube videos yet
- equipments purchase are things like camera, tripods, steady cam, laptop, memory card, lens, mainly video related.
- I just launched my YouTube in November of this year and have been uploading weekly
posted
2 weeks ago
last updated
December 20, 2024
9:52 AM
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