Biz Write-Offs LogoBiz Write-Offs

Startup Cost Deduction

Up to $5000 first year

Can You Write Off Startup Cost Deduction?

Short answer: Startup Cost Deduction — OBBBA 2026 New Deductions

Immediate deduction of startup costs (remainder amortized over 15 years).

Records to keep: Keep receipts and document business use. Deductible if ordinary and necessary for your trade or business.