3289450
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

duksum1
New Member

How do i remove start up cost already input C corporation

how do I delete numbers already input for C corp startup costs section
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
PatriciaV
Expert Alumni

How do i remove start up cost already input C corporation

Startup costs for a C-Corp are entered in TurboTax Business under Federal Taxes >> Deductions >> Business Expenses. Return to this topic and update the information to delete your entry for start-up expenses.

 

If you capitalized any portion of these costs, go to Depreciation of Assets and remove the entry for start-up costs.

 

However, if you reported these start-up costs in a prior year, you cannot remove them on the current year return. You would need to amend the return(s) where the costs were expensed or amortized.

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

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question