Governor Deval Patrick's Budget Recommendation - House 1 Fiscal Year 2014

1.306 -Election to Deduct and Amortize Business Start-up Costs

Item DescriptionFY2012 FY2013 FY2014
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:  $4.1
5 4.5 4.1


IRCFederal 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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