Is business license fees considered to be a sturtup costs for sole proprietorship?

oksana — Mon, 03 Jun 2019 17:13:35 GMT

Having sole proprietorship opened for less than a year (started in 2018), I wonder what section of TurboTax app I should add expenses for things like Fictitious business name advertisement, city zoning fees and business lic fees. Technically I paid those expense before business was opened, from my personal bank account. Is it considered to be a startup costs, or just regular business expenses? Thank you

These expenses are not start-up costs. They are regular b...

MinhT — Mon, 03 Jun 2019 17:13:37 GMT

These expenses are not start-up costs. They are regular business expenses.

Start-up costs include any amounts paid or incurred in connection with creating an active trade or business or investigating the creation or acquisition of an active trade or business.

topic Is business license fees considered to be a sturtup costs for sole proprietorship? in Business & farm

Is business license fees considered to be a sturtup costs for sole proprietorship?

These expenses are not start-up costs. They are regular b...