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bedfordj02
April 23, 2020
Question

Do I have to list each start up cost for my new business individually? I have a couple of months of transactions.

  • April 23, 2020
  • 1 reply
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1 reply

M
MinhT1
April 23, 2020

No, you do not have to list your start-up costs individually. You can claim them as a lump sum.

 

You have to keep records of each cost in case of an IRS verification or audit.

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