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How can I claim the remaining 12.5 yrs of amortized startup costs after my S Corporation is dissolved?
I incorporated a small business in Jun 2014. It only lasted 2 years and was dissolved in Jun 2016. I have been amortizing the startup costs over 15 years. Turbotax calculated only 6 months of amortization for 2016 (makes sense). However, can I claim the remaining 13 years of amortized start up costs? They are indeed a "loss" to the business. How do I do it even though the corporation is dissolved?
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May 31, 2019
6:58 PM