Amos incurred and expensed intangible drilling costs idc of
Question - Amos incurred and expensed intangible drilling costs (IDC) of $70,000. His net oil and gas income was $60,000.
What is the amount of the IDC deduction for regular tax purposes?
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question - amos incurred and expensed intangible drilling costs idc of 70000 his net oil and gas income was 60000what
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