An owner must make the election under section 181 separately for each production. For a production owned by an entity, the election must be made by the entity.

A Section 181 election must be made by the due date of the investor's Federal income tax return for the first taxable year any aggregate production costs have ...

A: The election is to be made on the tax return for the taxable year in which the production costs are first incurred. The election must be made by the due.

An owner must make the elec- tion under section 181 separately for each production. For a production owned by an entity, the election must be made by the entity ...

181(a)(1)In General. A taxpayer may elect to treat the cost of any qualified film or television production, and any qualified live theatrical production, ...

19 апр. 2022 г. · section 3.02 of this revenue procedure may make the late § 181 election by filing either: (1) An amended Federal income tax return or ...

(a) Election to treat costs as expenses. (1) In general. A taxpayer may elect to treat the cost of any qualified film or television production, ...

17 июн. 2024 г. · You need to make the Section 181 election in the first year of production. This involves attaching a statement to your tax return for that ...

16 сент. 2024 г. · Currently the only way to input that is to use Income/deductions > schedule K Income/deductions overrides > Section 2 Deductions > Line 26.

Proc. 2002-9, a taxpayer making a section 181 election for a prior taxable year by filing amended federal tax return(s) in accordance with ...