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beothor13
New Member

Why am I being asked about amortizing startup costs when I have none?

 
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4 Replies
JohnB5677
Expert Alumni

Why am I being asked about amortizing startup costs when I have none?

Please give us a few more details.

  • Do you have a schedule C?
  • Did you start the business in 2021?
  • If started before 2021 were there start up costs then?
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beothor13
New Member

Why am I being asked about amortizing startup costs when I have none?

One business I did start in 2021, the other I did not. 

There were NO startup costs for either business.

Are you asking if TurboTax is creating a Schedule C for me? If so, I think so but I can't see what it is doing at this point.

Vanessa A
Expert Alumni

Why am I being asked about amortizing startup costs when I have none?

If you have no start up costs, then you can just skip that question.  If it is giving you an error, then enter 0 or 0.00

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beothor13
New Member

Why am I being asked about amortizing startup costs when I have none?

Once I continued on a PC and could see the whole screen at once I just started entering the 0 values / info and it continued on as it should and let me finish. Just couldn't see what it was doing on my phone screen.

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