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Level 2
December 7, 2019
Solved

Is an election required to expense software development costs

  • December 7, 2019
  • 4 replies
  • 30 views
Election to expense or do you just expense without an election? Rev. Proc. 2000-50

I am not talking about an election to Capitalize repair and maintenance costs under 1.263(a)
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Best answer by sjrcpa

Just do it.

4 replies

sjrcpa
sjrcpaAnswer
Level 15
December 7, 2019

Just do it.

The more I know the more I don’t know.
abctax55
Level 15
December 7, 2019
swoosh
I'd post the symbol...but it IS copyrighted.
HumanKind... Be Both