Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 29 May 2018 My Price 2.00

Milk-Tea a sole proprietorship

John, a cash-basis calendar-year taxpayer, started up Milk-Tea a sole proprietorship on September 1, Year 1. John incurred and paid $53,150 in start-up expenses during the three months prior to beginning business. What is the maximum amount of start-up costs deductible on John's Year 1 tax return?

Answers

Maurice Tutor
(5)
Status NEW Posted 29 May 2018 06:05 PM My Price 2.00

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