Start-up costs have a 15-year recovery period using amortization (an equal amount for each month). The amortization is under the Assets expense for your business and you must select to 'Add an asset' once you reach the Business Asset Summary page. Select Intangibles, Other property on the Describe This Asset page. Select Amortizable intangibles on the Tell Us a Little More page Type Start-up Costs as the description, then the cost remaining to be amortized and the date you opened for business Code selection is 195 Business Start-Up Costs Enter 15 years for the Useful Life (in Years)

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Trying to locate business start up cost for self employed

Forum|Forum|3 years ago
April 17, 2022
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TurboTax Self Employed Online

ColeenD3

Start-up costs have a 15-year recovery period using amortization (an equal amount for each month). The amortization is under the Assets expense for your business and you must select to 'Add an asset' once you reach the Business Asset Summary page.

Select Intangibles, Other property on the Describe This Asset page.
Select Amortizable intangibles on the Tell Us a Little More page
Type Start-up Costs as the description, then the cost remaining to be amortized and the date you opened for business
Code selection is 195 Business Start-Up Costs
Enter 15 years for the Useful Life (in Years)