Discover a world of knowledge at Westonci.ca, where experts and enthusiasts come together to answer your questions. Discover detailed solutions to your questions from a wide network of experts on our comprehensive Q&A platform. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

Jeannie started a new business on June 7, 2021 She incurred $68,000 in startup costs. She will deduct the maximum allowed on her first tax return. Then amortize the remainder. What amount will she deduct as a startup expense for the current year?