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April 7, 2025
Question

Writer's sch C expenses

  • April 7, 2025
  • 1 reply
  • 0 views

My wife is a writer.  She has writer's expenses (ie Editing expenses) in 2024, but her books won't be published until 2025.  Can we take these expenses on a Sch C in 2024 or 2025 when the income comes in?

1 reply

CatinaT1
April 7, 2025

Is she a new author or has she filed a Schedule C in the past? If she has had this income ongoing, you would deduct the expenses in the year incurred and the income in the year incurred.

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