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June 8, 2020
Question

When I review my federal return it is asking me to amortize cost and to input the date incurred. How do I unelect? My start-up cost doesn't exceed 5000

  • June 8, 2020
  • 1 reply
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1 reply

RobertG
June 15, 2020

The best way to get past this is to delete the existing start-up expenses from your Schedule C.

 

Then reenter them as Other miscellaneous expenses with the Description Start-up costs.

 

As long as they are under $5000 you can deduct them this way.

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