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    Jim1797's Avatar
    Jim1797 Posts: 1, Reputation: 1
    New Member
     
    #1

    Feb 20, 2007, 10:15 AM
    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,
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #2

    Feb 20, 2007, 11:10 AM
    You cannot use them. If there is no income, the itemized deductions will, for the most part, be wasted.

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