Welcome back! Ask questions, get answers, and join our large community of tax professionals.

Amortize Startup under 263(a)

cancel
Showing results for 
Search instead for 
Did you mean: 

Amortize Startup under 263(a)

Amortize Startup under 263(a)

IntuitBettyJo
Community Manager
Community Manager

Released February 2023 - 

Amortize Startup under 263(a) allows taxpayers to amortize intangible startup expenses the year the  business begins operations. Like depreciation, amortization allows taxpayers write off expenses of long-term assets gradually over several years.

0 Cheers