{"id":20431,"date":"2017-06-14T12:00:00","date_gmt":"2017-06-14T12:00:00","guid":{"rendered":"https:\/\/www.hrblock.com\/tax-center\/"},"modified":"2025-12-08T10:00:22","modified_gmt":"2025-12-08T16:00:22","slug":"reporting-a-business-loss-deduction","status":"publish","type":"post","link":"https:\/\/www.hrblock.com\/tax-center\/filing\/adjustments-and-deductions\/reporting-a-business-loss-deduction\/","title":{"rendered":"I started by own business in 2025 and I have a question about taking a business loss deduction. Since my start-up costs"},"content":{"rendered":"<p>You should qualify for a business loss deduction because you can deduct a limited amount of business expenses including:<\/p>\n<ul>\n<li>Start-up costs<\/li>\n<li>Expenses for creating an active trade or business<\/li>\n<li>Expenses for investigating the creation or acquisition of an active trade or business<\/li>\n<\/ul>\n<p>You can take these types of business loss tax deductions in the year your business was started. You can deduct up to $5,000 in expenses for your business. You&#8217;ll need to reduce the $5,000 cap dollar-for-dollar by the amount the start-up costs are more than $50,000.\u00a0You can amortize the remaining start-up costs over 180 months (a 15-year period) starting with the month your business begins.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>You should qualify for a business loss deduction because you can deduct a limited amount of business expenses including: Start-up costs Expenses for creating an active trade or business Expenses for investigating the creation or acquisition of an active trade or business You can take these types of business loss tax deductions in the year [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":true,"footnotes":""},"categories":[35,125],"tags":[],"class_list":["post-20431","post","type-post","status-publish","format-standard","hentry","category-adjustments-and-deductions","category-filing"],"acf":[],"yoast_head":"<title>Reporting A Business Loss Deduction | H&amp;R Block<\/title>\n<meta name=\"description\" content=\"Can you take a deduction for a business loss? 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