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Start up cost for business
My husband and I file a joint return. We started a business in 2016. Your site advises us that we claim expenses 50/50 on our return. Are we both able to claim up to $5000 in start-up expenses or just one of us? When walking through Turbo Tax it lets us both claim $5000. Is this correct?
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‎June 5, 2019
11:23 PM