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Juan purchases a new business on September 1st of this year. $18,000 was allocated to the cost of Goodwill. What amount may Juan deduct in

Juan purchases a new business on September 1st of this year. $18,000 was allocated to the cost of Goodwill. What amount may Juan deduct in the current year, assuming Juan is a calendar year taxpayer? O The is no deduction permitted for Goodwill O $1800.00 O $1000.00 O $400.00
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Juan purchases a new business on September 1 st of this year. $18,000 was allocated to the cost of Goodwill. What amount may Juan deduct in the current year, assuming Juan is a calendar year taxpayer? The is no deduction permitted for Goodwill $1800.00 $1000.00 $400.00

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