Racine started a new business in the current year. She incurred $52,000 of start-up costs. If her business started on November 23^rd of the current year, what is the total expense she may deduct with respect to the start-up costs for her initial year, rounded to the nearest whole number? A) $2,555 B) $3,544 C) $5,522 D)$52,000 E)None of these

Question

Quizplus · Accepted Answer

The Answer of Racine started a new business in the current year. She incurred $52,000 of start-up costs. If her business started on November 23^rd of the current year, what is the total expense she may deduct with respect to the start-up costs for her initial year, rounded to the nearest whole number? A) $2,555 B) $3,544 C) $5,522 D)$52,000 E)None of these

Racine Started a New Business in the Current Year