R & D amortization

Technical topics regarding tax preparation.
#1
philly  
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1722
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14-Sep-2014 4:48am
Location:
New York
Since Congress did not make a change to the R & D capitalization rules staring in 2022 R & D has to be amortized over 5 years?
 

#2
sjrcpa  
Posts:
6477
Joined:
23-Apr-2014 5:27pm
Location:
Maryland
Yes for domestic costs. 15 years for foreign expenses.
 


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