Why am I being asked about amortizing startup costs when I have none?
04651
4 Replies
JohnB5677
Expert Alumni
Apr 13, 2022 5:30:17 AM
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?
beothor13
New Member
Apr 13, 2022 12:38:40 PM
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
Apr 13, 2022 12:58:27 PM
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
beothor13
New Member
Apr 13, 2022 1:44:12 PM
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.