We're a new C-Corp (less than 1 yr old), no income, no employees. Product is web+mobile app. 85%+ of our expenses are contracted services for web development. Where do I enter these on form 1120? Do they go into Other deductions with schedule attached? Do they go into COGS (even though we have no goods sold to speak of)? Total amount of contracted work expense is <$7K and all the work was conducted abroad by non-US companies. Are there additional forms I need to file? Thank you!