Startup Cost Deduction Tracker

IRS Section 195 lets new businesses deduct up to $5,000 of startup costs in their first year, with the remaining amount amortized over 180 months (15 years). Organizational costs get the same treatment under Section 248. Track all your pre-opening expenses here to maximize your first-year deduction and generate the full amortization schedule.

Business Start Date (or expected)

Add Startup Expenses

Expense Description

Amount ($)

Expense Category

Total §195 Startup Costs

Total §248 Org Costs

Year 1 Immediate Deduction (§195)

Year 1 Immediate Deduction (§248)

Amount to Amortize (§195 + §248)

Annual Amortization (yrs 2–15)

Total Year 1 Deduction

5-Year Deduction Schedule

Year	Immediate	Amortization	Total Deduction