Raymay
Level 2
02-13-2023
01:25 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I am looking for the check box on Form 1120-S to write-off startup expenses. I found the election but don't see a check box to write off startup expenses. The amortization is only calculating for one year.
Labels
dkh
Level 15
02-13-2023
02:23 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Go the bottom of the Asset Entry Worksheet - change recovery period to 1 year. Anyways that's what I do for Organization Expenses for first year SCorp
