Question

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.

Answer 1

15 Years!

Step-by-step explanation:

Textbook!!

Answer 2

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.