CCH Axcess Tax

IRC Section

Enter the appropriate IRC code section for assets with a method of "A." The entered section prints on Form 4562, Page 2, Part VI, and also on the federal depreciation and amortization detail report(s).

Note: This is used for print purposes only. An entry here has no effect on the calculation of the current year amortization amount which is based on your entries in "Method," "Life," and "Date in Service." Enter the date amortization began as "Date in Service."

A partial list of applicable codes is provided below:

IRC Section	Property or Expense
Sec. 169	Pollution control facility
Sec. 174	Research and experimental expenses
Sec. 195	Business start-up expenses
Sec. 194	Reforestation expenses
Sec. 197	Amortization of goodwill/other intangibles
Sec. 178	Acquiring a lease
Sec. 171	Bond premiums
Sec. 461	Loan fees
Sec. 59(e)	Intangible drilling costs
Sec. 59(e)	Mining development or exploration expenditures