Ficus, Inc.began business on March 1, 2018, and elected to file its income tax return on a calendar-year basis.The corporation incurred $800 in organizational expenditures.Assuming the corporation does not elect to expense but chooses to amortize the costs over 180 months, the maximum allowable deduction for amortization of organizational expenditures in 2018 is:

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The amortization of organizational expenditures is calculated by dividing the total cost by 180 months and then multiplying by the number of months in the first year. $800 / 180 months = $4.44 per month. For 2018, from March to December is 10 months, so $4.44 * 10 = $44.44.