Skylane
Level 11
Level 11

"Caution Will Robinson........."

No  for Sch C b/c there was no active business. 

Start-up costs for a business that didn't start are generally considered personal and are not deductible.

If there were capital expenditure; i.e. equipment purchase you may be able to take a capital loss on Sch D but office supplies and marketing expenses would be considered personal expenses 

 

 

If at first you don’t succeed…..find a workaround

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