Thanks pk. Well that article seems to say that yes, I can deduct the legal fees of $1200 as well as startup costs if below $5000. So my remaining question is, does the fact that I am filing 8858 as a "dormant" disregarded entity, somehow invalidate my ability to take this deduction because it's dormant, has no profit and no loss, no activity at all?
So I would take the deduction on 1040 Schedule C, is that correct? "Legal and professional services"? Do I have to attach an explanation that it's an organizational cost for my Foreign Disregarded Entity which is described in the attached Form 8858?
Do I have to explain that it's an organizational expense on Schedule C?
Thanks again, pk.
