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What is Mistborn Year deduction

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Reference no: EM132612879

Question - Vin formed Mistborn, Inc. and incurred the following items:

Legal Fees to Incorporate $45,000

Pre-opening advertising $4000

Initial State filing fee $6000

If business began on 7/25/20, what is Mistborn's Year 1 deduction for the above?

a. $9567

b. $1833

c. $6667

d. None of these

e. $9436

Reference no: EM132612879

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