Get the POWER of PRO!
Support Center > Knowledge base> Article: Schedule C - Amortization

Schedule C - Amortization

Article ID: 33812 Email Print
Question
Schedule C - Amortization

Answer

 

 Amortization. Include amortization in this part. For amortization that begins in 2014, you must complete and attach Form 4562. You can elect to amortize such costs as:

  • The cost of pollution-control facilities;
  • Amounts paid for research and ex-perimentation;
  • Qualified revitalization expendi-tures;
  • Amounts paid to acquire, protect, expand, register, or defend trademarks or trade names; or
  • Goodwill and certain other intangi-bles.

In most cases, you cannot amortize real property construction period interest and taxes. Special rules apply for allo-cating interest to real or personal proper-ty produced in your trade or business.

For a complete list, see the instruc-tions for Form 4562, Part VI.

 


related articles

Article Details
Views: 674 Created on: Jun 15, 2013
Date updated: Sep 16, 2015

Poor Outstanding