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1.306 -Election to Deduct and Amortize Business Start-up Costs
Item | Description | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
---|---|---|---|---|---|---|
1.306 | Election to Deduct and Amortize Business Start-up Costs
Individuals or investors in a trade or business may elect to treat business start-up expenditures as deferred expenses and amortize them over a period of not less than 180 months, starting with the month in which the business begins. For a more detailed description of this tax expenditure, see corporate excise item 2.304. Origin: IRC S. 195 Estimate: $0.6 |
0.2 | 0.2 | 0.2 | 0.2 | 0.6 |
Key:
ORIGIN | |
IRC | Federal Internal Revenue Code (26 U.S.C.) |
---|---|
U.S.C | United States Code |
M.G.L. | Massachusetts General Laws |
Rev. Rul.; C.B. | Revenue Ruling; Cumulative Bulletin of the U.S. Treasury |
ESTIMATES | All estimates are in $ millions. |
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