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fortiecm
New Member

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?

 
1 Reply

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?

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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