If you do show a loss though, they may not allow all of your deductions like home office or some of your 179 deductions(100%depreciation of an asset in one year), you can roll them over into the next year if you show a profit then.
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If you do show a loss though, they may not allow all of your deductions like home office or some of your 179 deductions(100%depreciation of an asset in one year), you can roll them over into the next year if you show a profit then.
Recyclable Material Merchant Wholesaler
Certified Zip-Tie Mechanic
"Give them enough so they can do something with it, but not too much that they won't do nothing."
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