CPAnet Forum: Partnership Org Costs Amortization?

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Topic: Partnership Org Costs Amortization? (

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Zipties
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Joined: 04 Jan 2011
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Posted: 30 Dec 2011 at 10:55 \| IP Logged

Calendar-year

Which only tangentially related... If they were a fiscal year of one of the partners, they would only be allowed the months up until their fiscal year end correct? So, if their fiscal year end was November, would they only be allowed a 9 months (9/180)? And one last question, would the answer change if they were accrual basis?

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