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  3. Study Set
    Federal Taxation
  4. Exam
    Exam 7: Deductions and Losses: Certain Business Expenses and Losses
  5. Question
    If an Election Is Made to Defer Deduction of Research
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If an Election Is Made to Defer Deduction of Research

Question 42

Question 42

True/False

If an election is made to defer deduction of research expenditures, the amortization period is based on the expected life of the research project if less than 60 months.

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