JMGCville
Level 2

I have a client who is starting a tree farm.  He is planting seeds this year and expects to begin selling the trees in 5 years. He asked how far back you can go for startup costs?  In other words, if he plants in 2021, but does not harvest/begin selling until 2026, can he start amortizing his startup costs incurred from 2021 - 2026 on the 2026 return?

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