Start-up costs

Collapse
X
Collapse
 
  • Page of 1
  • Time
  • Show
Clear All
new posts
Previous template Next
  • Mrssanny
    Junior Member
    • Feb 2016
    • 4
    #1

    Start-up costs

    The Schedule C Instruction page C-15, mention that The 5000 limit is reduce (but no below zero) . I have income in 2016 of 1500 and start expense from 2015 was 3500. question can I claim the total of 3500? I know companies usually get loses in the first years. what does "but no below zero"?
    Tags: None
    • taxea
      Senior Member
      • Nov 2005
      • 4292
      #2
      Answered on the other forum you posted this on.
      Believe nothing you have not personally researched and verified.

        Comment

        Previous template Next

        Disclaimer

        Collapse

        This message board allows participants to freely exchange ideas and opinions on areas concerning taxes. The comments posted are the opinions of participants and not that of Tax Materials, Inc. We make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information. Tax Materials, Inc. reserves the right to delete or modify inappropriate postings.

        Working...