Personal startup costs into C corporation; deductions / impact on personal taxes?

[mjdarcy97]

Is there any impact on my personal taxes for startup costs of a new C corporation?

• I started a business entity in 2022 as a C corporation. A C corporation was required because it was funded via a ROBS (rollover of 401k for business startup) as well as with personal funds.
• Stockholders are solely myself personally (~25%) and a 401k for benefit of me (remaining ~75%).
• The business had no operations in 2022 (it is operating as of early 2023) - only startup costs and interest income. No wages or dividends paid; no revenue (besides bank interest).
• I understand the corporation will have to file form 1120 for its taxes
• What, if any, impact is there on my personal tax return for 2022?  Is there any deduction or credit? 

[Anonymous_]

---

@mjdarcy97 wrote:
Is there any deduction or credit? 

---

Deduction or credit for what? The corporation can reimburse you for any personal expenses you incurred on behalf of the corporation (including start-up costs), but there are no other deductions or credits for starting a C corporation.