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March 9, 2025
Question

Registered my business, no income yet...

  • March 9, 2025
  • 1 reply
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I registered my business, but unfortunately haven't launched, yet. I have expenses ie banking fees. Turbo Tax isn't asking me any questions about the expenses. Where do I go in this program to report self-employment expenses?

    1 reply

    March 9, 2025

    Save your expenses for next year. You can't claim expenses with no income to claim them against. You are able to claim start up costs for 6 months prior to business start up.