Which of the following does not represent a tax election available to either partners or partnerships?
A)Electing to change an accounting method.
B)Electing to amortize organization costs.
C)Electing to expense a portion of syndication costs.
D)Electing to immediately expense depreciable property under

Question

Quizplus · Accepted Answer

Syndication costs are not eligible for expensing or amortization and must be capitalized, making the election to expense a portion of syndication costs not a valid tax election for partners or partnerships.

Which of the Following Does Not Represent a Tax Election