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Level 2
August 12, 2020
Question

Investigative expenses

  • August 12, 2020
  • 1 reply
  • 0 views

Investigative expenses, can they be deducted if you never when into business?

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1 reply

PhoebeRoberts
Intuit Community Champion
August 12, 2020

For a 1040, no.

EddieOAuthor
Level 2
August 15, 2020

What if a LLC was formed, can investigation expenses be deducted even if there were no sales and the business was closed?