- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
Depends on what you mean by investment. If you are simply a stockholder, then you would not report anything on your return, you would wait until you sold your investment to deduct the cost basis from sales to arrive at your profit.
If this is a start up business, then you would report this on Schedule C as start up costs. This would then offset your other income.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎February 15, 2022
10:54 AM