Multiple Choice
Jasmine started a new business in the current year. She incurred $16,000 of start-up costs. How much of the start-up costs can be immediately deducted (excluding amounts amortized over 180 months) for the year?
A) $0
B) $2,500
C) $5,000
D) $16,000
E) None of the choices are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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