Although goodwill created in a merger may not be amortized for shareholder reporting purposes, it may be amortized for Federal tax purposes.

Name: Although goodwill created in a merger may not be amortized for shareholder reporting purposes, it may be amortized for Federal tax purposes.
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Goodwill is not amortized for financial reporting under GAAP, but it can be amortized over 15 years for federal tax purposes according to IRS rules.

Although Goodwill Created in a Merger May Not Be Amortized