CompTIA PDI+ Exam Prep

Category - Enrolled Agent

The Lux Corporation incurred $10,000 in start-up costs when it opened for business in 2004. What is the minimum period over which these expenses can be recovered?
  1. 12 months
  2. 36 months
  3. 60 months
  4. 120 months
Explanation
Answer: C - 60 months
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