Section 40-880 : LodgeiT

CTR Depreciation: 5 Year Preliminary Expense Amortization (Section 40-880) in Company Tax Return

Modified on: Mon, 19 Jan, 2026 at 2:46 PM

This video demonstrates methods for -

Configuring a depreciation group for preliminary cost usage
Adding preliminary costs
How the accounting and tax amortized preliminary cost values are treated in the tax return

NOTE: If you wanted to manually input the figure into to the tax form, you need to go to Depreciation tab and look for Label Z - Section 40-880 deduction. See below image for your reference:

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