I went to school and got my license. Spent a lot of money in school, with license, becoming a member or various boards, office fees and although I had clients, I didn't sell anything in 2006. I spent a lot on gas too. Have receipts.

What do I do about filing for my taxes?

Your help is greatly appreciated.

Jan : )

Jan:

You can claim some (but not all) of the expenses you cited on Schedule C. The expenses you incurred in 2006 can be used to offset other income (like from another job you have or, if you are filing jointly, from your spouse's job).

The fact that you made no money in 2006 is not an issue because you were TRYING to earn income.

You may even want to capitalize and amortorize some of your start up cost. That way you will still be able to deduct some of those cost when you're making more money. See IRS Publication 535 for good ideas about start up cost.

Agreed. Real estate agents are paid and taxed as independent contractors, and you will want those deductions when you are earning those big commission checks, lest you be taxed at around 50%.