189k views
5 votes
Startup costs aren't deductible in the year that a business is started, but they can be

amortized over
O 5 years.
10 years.
15 years.
20 years.

2 Answers

3 votes

Answer:

15 Years!

Step-by-step explanation:

Textbook!!

User Starwarswii
by
7.8k points
4 votes

Answer:

15 years.

Step-by-step explanation:

Actually, In the year that the business begins you can deduct up to $5.000 when the startup costs are less than $50.000.

if the startup costs are superior to $50.000 they might be amortized over 15 years.

User Shanshan
by
7.6k points

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