dude7707
Level 5
10-21-2021
10:59 AM
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2nd year, the business became active, so would you then
Exp 1st 5k and amtz bal over 15 yrs?
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Level 15
10-21-2021
11:37 AM
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Yes.
good info on startup costs: https://www.thetaxadviser.com/issues/2017/sep/deducting-startup-expansion-costs.html