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If i started my business in oct 2016.can i include those months on my 2017 taxes?or do i have to file 2016 separately?

i didn't file 2016 yet because of it being such a short period of time.
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Rachel_W
Expert Alumni

If i started my business in oct 2016.can i include those months on my 2017 taxes?or do i have to file 2016 separately?

The IRS requires you to report activity in the year it occurred; therefore, you cannot comingle different years.

Even though the amounts were small, you will still need to report your 2016 activity on your 2016 Tax Return.

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1 Reply
Rachel_W
Expert Alumni

If i started my business in oct 2016.can i include those months on my 2017 taxes?or do i have to file 2016 separately?

The IRS requires you to report activity in the year it occurred; therefore, you cannot comingle different years.

Even though the amounts were small, you will still need to report your 2016 activity on your 2016 Tax Return.

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