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Updated over 15 years ago,

User Stats

111
Posts
9
Votes
Claude Hodge
  • Real Estate Investor
  • Castle Rock / Ft. Carson, CO
9
Votes |
111
Posts

Start-up capital deduction?

Claude Hodge
  • Real Estate Investor
  • Castle Rock / Ft. Carson, CO
Posted

Hey everyone! Been a while since I was on. I want to know what to expect come tax time. I started my L.L.C., and have a business checking account for it. For the entire year of 2009, I have been and will continue to put a monthly allotment of my personal money into the biz account. When I file my return this February, will that be tax deductible? I am sure they can tell me at H&R Block, but I like to know things ahead of time. I appreciate any responses!

Claude Hodge

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