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Level 1
March 18, 2024
Question

individual 1040

  • March 18, 2024
  • 1 reply
  • 6 views

Good afternoon,

My question is:  I open an LLC Business in October 2023, I'm preparing my 2023 Income Tax return, 1040 with a schedule C. 

I didn't have any income from the business in October, November or December 2023, do I have to

report the amount that I used to set up and started the business?  I am confused, can someone.

please help me.

Thank you! 

This topic has been closed for replies.

1 reply

Jim-from-Ohio
Intuit Community Champion
March 18, 2024

are you using ProSeries or TurboTax.. if TurboTax, here is where you can post your question

https://ttlc.intuit.com/community/home/misc/03/en-us