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laoxai
New Member

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
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last updated ‎December 20, 2024 9:52 AM
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