In 2014,Marci is considering starting a new business.Marci had the following costs associated with this venture:
$\begin{array}{lr}
\text { Advertising } & \$ 5,000 \
\text { Travel } & 10,000 \
\text { Market surveys } & 8,000 \
\text { Professional services } & 30,000 \
\text { Interest expense } & 2,000 \
\text { Taxes } & 1,000
\end{array}$ Marci started the new business on January 5,2015.Determine the deduction for Marci's startup costs for 2014.

Question

In 2014,Marci is considering starting a new business.Marci had the following costs associated with this venture:
 $\begin{array}{lr}
\text { Advertising } & \$ 5,000 \
\text { Travel } & 10,000 \
\text { Market surveys } & 8,000 \
\text { Professional services } & 30,000 \
\text { Interest expense } & 2,000 \
\text { Taxes } & 1,000
\end{array}$ Marci started the new business on January 5,2015.Determine the deduction for Marci's startup costs for 2014.

Quizplus · Accepted Answer

The Answer of In 2014,Marci is considering starting a new business.Marci had the following costs associated with this venture:
 $\begin{array}{lr}
\text { Advertising } & \$ 5,000 \
\text { Travel } & 10,000 \
\text { Market surveys } & 8,000 \
\text { Professional services } & 30,000 \
\text { Interest expense } & 2,000 \
\text { Taxes } & 1,000
\end{array}$ Marci started the new business on January 5,2015.Determine the deduction for Marci's startup costs for 2014.

In 2014,Marci Is Considering Starting a New Business Marci Started the New Business on January 5,2015