J
Janice
Guest
I bought a computer and programs to start a new business in 2008. I have not sold any of my product, so I have no income at all. I expect to have sales this year (2009) but in 2008 I have nothing to report at all for income -- so it's not like I can report a "loss" on nothing.
Can I wait & report the purchase of the computer & programs (2008) next year on my 2009 Schedule C? (Can I start depreciating in 2009?) Thanks.
Can I wait & report the purchase of the computer & programs (2008) next year on my 2009 Schedule C? (Can I start depreciating in 2009?) Thanks.