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startup software business

tiellamo
Level 2

Thanks for your help

I have a client who spent $70,000 in 2024 trying to develop an APP. Is he limited to $5000 amortization?

 

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1 Comment 1
sjrcpa
Level 15

Probably less.

R&D costs have to be capitalized and amortized


The more I know the more I don’t know.
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