You'll need to sign in or create an account to connect with an expert.
If you started your business in 2018 but had no gross income, you don’t file a schedule C. You will report your startup expenses next year, on your first tax return with business income. The startup expenses are either expenses in 2019, or amortized over 15 years, depending on the dollar amount and nature of the expense. Make sure you save your records.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
KerryOn
Level 2
Kymbirle19
New Member
Queennaomi
Level 2
LaughTrack
Level 4
ashna
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.