I am just starting and ecommerce and know I will be getting a 1099 at year end, I believe it will be the nec. I want to know if when I file woukd the home and business be sufficient or will I need to use a different version. Also I did pay start-up and marketing cost, just to confirm, I can still deduct a % and then amortized the rest?
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Home and Business is fine. You can deduct up to $5,000 in start up costs with any amount over that amortized over 15 years.
Home and Business is fine. You can deduct up to $5,000 in start up costs with any amount over that amortized over 15 years.
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