Feb-10th-2010
I need help to report business cash investment on form 4562?
I am a new business owner and doing tax online. I complete all tools and equipment depreciation, but I do not know where to put the business cash investment, so that I can begin doing amortization calculation. Please help me, anyone out there.Or, advise me on what form and line should I report it, though.
Cash invested in to a business is not deductible.
You really should see a professional. The headaches from doing your return incorrectly in the first year will have ripple effects in future years.