I closed my business and I have amortized startup costs not cleared. How can I clear them? Business started in 2014 and closed 2017. The costs amortized for 15 years.

lrhode · ‎June 5, 2019

MinhT · ‎June 5, 2019

If you closed your business in 2017, you can deduct the remaining unamortized start-up costs as a business expense in 2017. report them in Miscellaneous expenses and describe them Unamortized start-up costs on closing of business.

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MinhT · ‎June 5, 2019

If you closed your business in 2017, you can deduct the remaining unamortized start-up costs as a business expense in 2017. report them in Miscellaneous expenses and describe them Unamortized start-up costs on closing of business.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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I closed my business and I have amortized startup costs not cleared. How can I clear them? Business started in 2014 and closed 2017. The costs amortized for 15 years.