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New Member
posted Apr 9, 2023 8:46:46 AM

If I recently started my own business and have more expenses than I have income, should I defer some of the expenses to another year?

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1 Replies
Level 15
Apr 13, 2023 9:21:47 AM

You will claim all of your expenses this year. 

Here is a great TurboTax article to help if you have capital gains- Carrying Capital Losses Backward or Forward

 

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