- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
it's not a tax credit. start-up expenses are a tax deduction
The $5,000 deduction is reduced $ for $ for start-up expenses in excess of $50,000
the amount not currently deductible is amortized over 180 months (see page 2 of form 4562) starting with the date the business commenced
‎February 7, 2022
9:55 AM