Startup cost deferred to 2nd year?

[dude7707]

2nd year, the business became active, so would you then

Exp 1st 5k and amtz bal over 15 yrs?

[Terry53029 · Accepted solution]

Yes.

good info on startup costs: https://www.thetaxadviser.com/issues/2017/sep/deducting-startup-expansion-costs.html