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

    Apr 8, 2007, 11:13 AM
    Can 2005 business expenses be included in 2006 return
    Hello there,
    I started one online business in 2005, for which I made certain expenses. But I did not included those expenses during my 2005 tax returns.
    Now I am doing my 2006 tax returns. So I would like to know can I include my 2005 expenses in 2006 tax returns.
    Or is there any other way to file those 2005 expenses.
    Please reply me in details (if any forms to submit, blah blah.. )
    Thanks a lot for your details reply and time.
    Gaurav
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #2

    Apr 17, 2007, 10:48 AM
    No, you CANNOT bring forward 2005 expenses to your 2006 return (at least not on Schedule C).

    You must amend your 2005 return to add those 2005 expenses.

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