Which of the following is true regarding the amortization of Section 197 intangibles? Oa. The amortization period begins in January of the year in which they are purchased. Ob. They are amortized based on current fair market value rather than their actual cost. Oc. They are amortized over the actual estimated useful life of the intangible asset. Od. They must be amortized over a 15-year life, regardless of their actual life.

Which of the following is true regarding the amortization of Section 197 intangibles? a. The amortization period begins in January of the year in which they are purchased. b. They are amortized based on current fair market value rather than their actual cost. c. They are amortized over the actual estimated useful life of the intangible asset. d. They must be amortized over a 15-year life, regardless of their actual life