In 2019, Marci Is Considering Starting a New Business Marci Started the New Business on January 5, 2020

Essay

In 2019, Marci is considering starting a new business.Marci incurs the following costs associated with this venture. $$\begin{array} { l r } \text { Advertising } & \$ 5,000 \\\text { Travel } & 10,000 \\\text { Market surveys } & 8,000 \\\text { Professional services } & 30,000 \\\text { Interest expense } & 2,000 \\\text { Taxes } & 1,000\end{array}$$ Marci started the new business on January 5, 2020.Determine the deduction for her startup costs for 2019.