What types of expenditures might a new partnership incur? How are those costs treated for Federal tax purposes? In the chart below, for each expenditure listed, select the tax treatment for that expenditure and the applicable Code section. Type of Expenditure: Acquisition of property Treatment:____ Reference: _____ Type of Expenditure: Startup expenses Treatment: ______Reference:______ Type of Expenditure: Organization costs Treatment:________ Reference:_____ Type of Expenditure: Syndication costs Treatment:_______ Reference:________ Type of Expenditure: Goodwill and similar intangible assets Treatment:________ Reference:_________ Type of Expenditure: Other intangibles Treatment:______ Reference:_____ Type of Expenditure: Ordinary and necessary post-operating business expense Treatment:______ Reference:_______ (The answers for treatment are Amortized after 15 years, amortized over useful life, capitalized and depreciated, capitialized; no amortization permitted, deductible currently, or capitalized and amortized over 180 months.) ** (The references answers are 162, 167 and 168, 195, 709, 197, or reg. 1.167-3)