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What is the deduction for Marci startup cost

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Question - In 2020 Marci has the following cost associated with starting a new business, Marci officially begins operating her new business on January 5, 2021. What is the deduction for Marci's startup cost for 2020?

Advertising: $5,000

Travel $10,000

Market surveys 8,000

Professional services 30,000

Interest expenses 42,000

Taxes 1,000

Reference no: EM132733003

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