Question

In 1040, how important is it to have the right description for Occupation? "Business Founder" vs "Entrepreneur"

I worked without a salary for the whole of 2019 as the solo entrepreneur in the c-corp startup that I founded.

Should I enter my occupation as a " Business Founder", "Startup Founder", "Technologist" or "Entrepreneur"? How much does it matter?

Thank you very much

It is better to be as descriptive as possible. The IRS will want to match expenses to your line of work.

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