Start-up costs

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  • 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"?
  • 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.

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