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I started a new business last year and do not need to amortize startup costs. In the final review, I am being required to input data to amortize costs. How do I unelect?
The errors occur on IRC Section 195(b)(1) form entitled Election to Amortize Start-up Expenditures with a mandate to enter a description, amount and date. There are no costs to enter.
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‎June 3, 2019
5:05 PM