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New Member
posted Jun 4, 2019 2:09:43 PM

What is a irc section 195b1?

I do not know why I have to fill this out! Help!!

0 3 1285
3 Replies
New Member
Jun 4, 2019 2:09:44 PM

This Code sections governs the tax deductions for startup costs for your business.  Please complete this interview in TurboTax if you started a new business last year and wish to deduct or amortize your startup costs.

Returning Member
Apr 9, 2020 12:50:10 PM

what should you enter in the box if it is 0

Expert Alumni
Apr 9, 2020 1:11:47 PM

@rsavica

Just leave the box blank.