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Any startup costs are not deductible until the business begins operations. You can deduct $5,000 of your 2016 start up costs from 2016 on your 2017 return. Anything above and beyond $5,000 gets amortized over 180 months. Click here to read more about that: https://www.irs.gov/publications/p535/ch08.html
You would put down the date that your business started in 2017.
Any startup costs are not deductible until the business begins operations. You can deduct $5,000 of your 2016 start up costs from 2016 on your 2017 return. Anything above and beyond $5,000 gets amortized over 180 months. Click here to read more about that: https://www.irs.gov/publications/p535/ch08.html
You would put down the date that your business started in 2017.
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