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Old 03-21-2017, 11:40 AM
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How to show loss in business in filing returns jointly

I live in CA and have been filing my tax returns jointly with my wife since last 10 years. My wife got her EAD on H4 visa in Sep-2016 and started a home based business in Oct-2016. I had to make investment from my salary (thru employment) for this business. We hardly made any income from this business in 2016 as it was too early but the startup expenses and running cost were there of course. How do I get tax benefit on those expenses.

Your suggestion and help is greatly appreciated.



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