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March 15, 2025
Question

i had many more business deductions in 2023 than I could use for my federal tax return.

  • March 15, 2025
  • 1 reply
  • 0 views

Can any of these business expenses help me with my 2024 tax return

    1 reply

    VolvoGirl
    Employee
    March 15, 2025

    Why couldn’t you use them last year? You can show a loss on Schedule C.  No you can’t use them on 2024.  You might need to amend 2023 to add them.