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Business & farm
Yes, start-up expenses up to $5000 can be deducted as Business Expenses. You can total your start-up expenses and label the amount as 'Start Up Expenses', or you can deduct each item individually.
Amounts over $5000 can be claimed under 'Assets'.
General supplies like paper, ink, etc. are also deducted under Business Expenses.
Here's more detailed info:
https://ttlc.intuit.com/replies/5146525
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‎June 4, 2019
6:35 PM