I started my business last year. I bought supplies but did not have an EIN number till this year. I filed as a business with turbo but did not right off anything.. Is this why I did not get my taxes for unemployment back or qualify for stimulus?Can I still refile and claim them or change to a single.I did not have a tax ID till this year and have not sold anything but have tons of write offs! I can Still do this? I have not separated this from my household accts. Is this a problem? Helen J

Hi @Helen J Did you file as a self employed business? If so you would have been able to write off start up expenses. https://www.irs.gov/publications/p535You can file an amended tax return if you would like to claim the start up the expenses.What type of tax ID do you have is it for a sole proprietor, S-corp, Single member LLC or a partnership? These are the deciding factors in what type of business return you should file. As for the stimulus payments if you filed a 2020 tax return there was a question regarding the stimulus payments. If you had not received any you would have seen a credit on line 30 of your tax return.

H

Helen J

Question

Taxes

Forum|Forum|4 years ago
October 27, 2021
1 reply
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I started my business last year. I bought supplies but did not have an EIN number till this year. I filed as a business with turbo but did not right off anything.. Is this why I did not get my taxes for unemployment back or qualify for stimulus?
Can I still refile and claim them or change to a single.

I did not have a tax ID till this year and have not sold anything but have tons of write offs! I can Still do this? I have not separated this from my household accts. Is this a problem? Helen J

Michele_H

Hi @Helen J

Did you file as a self employed business? If so you would have been able to write off start up expenses. https://www.irs.gov/publications/p535
You can file an amended tax return if you would like to claim the start up the expenses.
What type of tax ID do you have is it for a sole proprietor, S-corp, Single member LLC or a partnership? These are the deciding factors in what type of business return you should file. As for the stimulus payments if you filed a 2020 tax return there was a question regarding the stimulus payments. If you had not received any you would have seen a credit on line 30 of your tax return.

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