Hi,
Spent a lot of time this year (and proceeding years) writing a book that is published and being marketed on Amazon. I know that I can deduct the physical expenses (computer, paper, pens) as well as office space and travel related items, but what else?
I invested a lot of time in this project and published the finished copyrighted work which could have possibly been devoted to working and earning money doing other tasks or revenue/income generating items. Can't say the book venture resulted in a profitable and rewarding experience, I don't have the promotional opportunity that FOX news celebs have available, but I did my best with networking and requesting reviews. The main expenditure I had for this endeavor was time for research and writing. It is not a work of fiction but of facts, scientific views and explanations of physical, economic and technological issues.
Unlike a lot of fast-food hamburgers it has a lot of meat compared to the bread...probably why it did not sell better. LOL.
