The AMT adjustment for research and experimental expenditures can be avoided if the taxpayer capitalizes the expenditures and amortizes them over a 10-year period for regular tax purposes.

Question

Quizplus · Accepted Answer

This statement is true. By capitalizing and amortizing research and experimental expenditures over a 10-year period for regular tax purposes, the taxpayer can avoid the AMT adjustment for those expenditures.

The AMT Adjustment for Research and Experimental Expenditures Can Be