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Business & farm
No form is required. The act of reporting start-up costs on your tax return constitutes the election. Please see this TurboTax Help and this Deloitte CPA explanation below.
“Therefore, a taxpayer is no longer required to attach a statement to the return or specifically identify the deducted amount as start-up and/or organizational expense for the elections to be effective.”
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March 9, 2020
11:14 AM
5,818 Views