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Check box for writing off startup expenses

Raymay
Level 2

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.

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1 Comment 1
dkh
Level 15

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

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