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Your calendar-year corporation begins operations on October 1, 2015. You determine that you have incurred organizational expenses of $25,000 and start-up costs of $65,000. a.
Your calendar-year corporation begins operations on October 1, 2015. You determine that you have incurred organizational expenses of $25,000 and start-up costs of $65,000. a. How much can you deduct for start-up costs on your initial return? b. How much can you deduct for organizational expenses on your initial return?
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