- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
The computer equipment should generally be depreciated separate from the other start-up costs. The date placed in service (that date that the depreciation starts) is the date that the business opened.
Other monthly expenses like phone and internet plans are all lumped together as start up costs until the date that the business opened it's doors. After the business opened, those items are deductible as regular business expenses.
‎June 3, 2019
10:23 AM