Support CenterHow do I enter Business Start-up costs on Schedule C in SureFire 2017?
🔍 How do I enter Business Start-up costs on Schedule C in SureFire 2017?
This guide explains how to enter Business Start-up costs on Schedule C (1040) in SureFire 2017.
⚠️ Before You Begin
You can enter Business Start-up costs on Schedule C in one of two ways:
- Enter on Schedule C, page 2, Part V
- Amortize
📊 Step-by-Step Guide
Option A: Enter on Schedule C, page 2, Part V
Use this when you want to enter the Business Start-up costs directly on Schedule C.
Enter on Schedule C, page 2, Part V.
Option B: Amortize
Use this when you need to amortize the Business Start-up costs.
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To Amortize, go to Schedule C, page 1, line 13 and jump to New 4562 pg 1 - Depreciation and Amortization.
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On form 4562, page 2, Part VI Amortization, select the first field in the Description of costs column, and jump to the NEW Asset Wkt.
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On the Asset Wkt, on line 3 - Method, choose AMORTIZ.
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Choose the Amortization code section using the F1 help menu.
📝 Additional Information
Para obtener la versin en espaol de este artculo de Knowledge Base, haga clic aqu:Cmo ingreso los Business Start-Up Costs (costos de empezar un negocio) en el Schedule C en SureFire 2017?
📞 Still Need Help?
If you are having trouble, contact our support team:
Phone: 1-800-516-9442
Tags: federal,form