I started a Foreign Disregarded Entity late in 2021 and it had no business activity at all in 2021, so I want to simplify my tax preparation by filing Form 8858 as a “dormant” FDE. Can I do this and still get a deduction for the money I paid the lawyer to get me a business license?
That legal fee was paid by me, not by the business. It was paid before the business license was granted. Where would I take that deduction? Schedule C? What line on Schedule C?
I have an extension to file until October 15.
Thanks for any help.
