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tax question Taxpayer is working to start a new business. In November of 2021 he paid $35,000 of start-up expenses and $6,000 of organizational costs
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Taxpayer is working to start a new business. In November of 2021 he paid $35,000 of start-up expenses and $6,000 of organizational costs Taxpayer's business started on 01.01.2022 What amount can taxpayer deduct as organizational expenses on his 2021 tax return for these expenses O $6,000 O $12,066 O $10,000 O $0 Step by Step Solution
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