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Form 4562 Elizabeth New Jersey: What You Should Know

Deduct a full 14,000 in expenses on the 2nd-year. 2. Deduct a full 8,500 on the 3rd-year. 3. Deduct a full 7,000 on the 4th-year. 4. Deduct a full 5,000 on the 5th-year. 5. Deduct a full 4,000 on the 6th-year. 6. Deduct a full 4,000 on the 7th-year. 7. Deduct a full 4,000 on the 8th-year. 8. Deduct a full 4,000 on the 9th-year. 9. Deduct a full 4,000 on the 10th-year. 10. Deduct a full 4,000 on the 11th-year. 11. Deduct a full 4,000 on the 12th-year. 12. Deduct a full 4,000 on the 13th-year. 13. Deduct a full 4,000 on the 14th-year. 14. Deduct a full 4,000 on the 15th-year. 15. Deduct a full 4,000 on the 16th-year. 16. Deduct a full 4,000 on the 17th-year. 17. Deduct a full 4,000 on the 18th-year. 18. Deduct a partial 4,000 on the 19th-year. Start-Up Expenses • 1,900 for building the building (including the land) — Jeffery would prepare a Form 4562. • 10,000 for inventory (including flooring, plumbing and fixtures) — Jeffery would prepare a Form 4562. Start-Up Costs & Organizational Costs • 8,500 for personnel costs (including executive management and office supplies) — Jeffery would prepare a Form 4562. • 2,500 for overhead costs (for example, office supply, software and travel) — Jeffery would prepare a Form 4562. • 4,500 for advertising and promotional expenses (including signage, stationery, and promotional items) — Jeffery would prepare a Form 4562. Start-Up Expenses •1,300 for equipment and other personal property — Jeffery would prepare a Form 4562. •7,000 for insurance (for example, liability policy).

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