Q: I'm an independent contractor with no "earned" income in 2021 but had unemployment, can I still take Sch. C expenses?
Normally, I am self-employed (independent contractor) freelance exec. assistant and run my business from my apartment and use Schedule C to deduct expenses for that business. However, from Jan. to Sept 2021 I collected Pandemic Unemployment Assistance and did not have any earned income and my PUA expired in Sept. 2021. However, my business was still "in business" but I had no clients and earned no income, but I still had the expenses of keeping a home office prepared while I looked for work. My question is if I can still take some expenses for my business as deductions even though I didn't have "earned" income.
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