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-   -   Schedule A Deductions and Schedule C - No AGI (https://www.askmehelpdesk.com/showthread.php?t=64597)

  • Feb 20, 2007, 10:15 AM
    Jim1797
    Schedule A Deductions and Schedule C - No AGI
    Hi,
    I am a sole proprietor (an electrician) and after finishing schedule c I basically had very little profit to report from the business. With no other Adj Gross Inc, I started to figure my itemized deductions, but with no Adj Gross Inc, how can I best use my itemized deductions?
    Thanks,
  • Feb 20, 2007, 11:10 AM
    AtlantaTaxExpert
    You cannot use them. If there is no income, the itemized deductions will, for the most part, be wasted.

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