I had tkr in March 2009 on my left knee. Everything went terrific. My range of motion was great, I did good in PT, I was a star patient according to my therapist - did everything much sooner than most supposedly. Then in Aug. 2010, my darn knee started hurting.
Costs you can Deduct or Capitalize. Business start-up and organizational costs are generally capital expenditures, which are funds used to acquire assets such as furniture, buildings and machinery. There are certain start-up costs that you can elect to either deduct or capitalize.
A taxpayer may choose to forgo the deemed election by clearly electing to capitalize its start-up and/or organizational expenses on a timely filed federal income tax return (including extensions) for the taxable year in which the taxpayer begins business. The election to capitalize start-up and/or organizational expenses is made in accordance with the form and instructions used by the taxpayer to file its federal income tax return.