I amortized the Business Startup Costs (Type of asset: L, Amortized intangibles), now the business completely shut down, no sales of any assets. How can I claim these Business Startup Costs as loss?
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Report the remaining unamortized cost as an expense.
Thanks, can you show me how to do report the remaining unamortized cost in ProSeries? What form you use?
You can always just show it as an "other expense" - amortization of startup costs.
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