Question

I started a small business this year do I get a tax break for that

Forum|Forum|5 years ago
January 24, 2021
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TurboTax Premier Online

Yes, you are able to write off all expenses associated with your business. You also must claim all income that you earned from your business on your tax return. For additional information on tax deductions for your business: TurboTax: Business Tax Deductions

If you had start-up costs that you incurred to set up your business you may also deduct those expenses. For additional information: TurboTax: Start Up Business Tax Tips