Individuals or investors in the forestry business may amortize the costs of reforestation over a seven-year period. For a more detailed description of this tax expenditure, see corporate excise item 2.313.
Origin: IRC § 194
Tax Type
Tax Expenditure
Item Number
Item Name
Description
Origin
FY2019
FY2020
FY2021
FY2022
FY2023
Personal Income Tax
Accelerated Deductions from Gross Income
1.311
Seven-Year Amortization for Reforestation
Individuals or investors in the forestry business may amortize the costs of reforestation over a seven-year period. For a more detailed description of this tax expenditure, see corporate excise item <a href="/tax-expenditure-budget/corporate-excise-tax/accelerated-deductions-from-gross-income/2-313">2.313</a>.
<a href="http://www.law.cornell.edu/uscode/html/uscode26/usc_sec_26_00000194----000-.html" target="_blank">IRC § 194</a>
N.A.
N.A.
N.A.
N.A.
N.A.
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