On Feb 28, 7:29*am, nickzel...[at]googlemail.com wrote:

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It seems logical to file a schedule C or C-EZ.

Be sure you read business versus hobby rules, for example in:

http://www.irs.gov/publications/p535/ch01.html#d0e827

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<nickzelnar[at]googlemail.com> wrote in message
news:b85c0e60-53e8-4d02-b6ee-3226033410d3[at]i29g2000prf.googlegroups.com...
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Think carefully, didn't you buy a pencil, pen or piece of paper for the book
writing business in 2007. If so take the $1.00 deduction and leave it on
Turbotax.


- quote -

Please delete all non-essential parts of a prior post when responding.

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<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >

Last year I started writing a book. I had to purchase several books to
conduct my research which was essential for the book I write. I
deducted those expenses on a dedicated Schedule C that I filed (in
addition to my main business Schedule C which is in a totally
unrelated area).

This year I did not have any expenses related to the book writing. I
am still working on the book (yes, it takes several years to finish
it, when not working full time on it).

Should I file Schedule C this year for this "book writing" business?
($0 expenses, $0 income)?

Or should I simply delete that Schedule C from my TurboTax file?
(filing it in upcoming years only when I have income/expense)

Thanks in Advance,
Nickolas

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<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >