Oleander Corporation, a calendar year entity, begins business on March 1, 2022. The corporation incurs startup expenditures

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Oleander Corporation, a calendar year entity, begins business on March 1, 2022. The corporation incurs startup expenditures of $64,000. If Oleander elects § 195 treatment, determine the total amount of startup expenditures that it may deduct for 2022.

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South Western Federal Taxation 2023 Comprehensive Volume

ISBN: 9780357719688

46th Edition

Authors: Annette Nellen, Andrew D. Cuccia, Mark Persellin, James C. Young

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