Can self-employed with zero income claim deduction?
I just got my California Life insurance license in Dec 2025. I have no income for 2025, thus no 1099 form. I am wondering if I can deduction the expense on pre-license course, exam fee, initial license fee in schedule C. Thank you VERY much
Quick Answer:
Yes, you can generally deduct these expenses as start-up costs on Schedule C. The pre-license course, exam fee, and initial license fee are considered expenses incurred to get your business ready to
Note: This answer is provided for convenience only. It is important that you speak to a CPA about your individual tax situation.
