These include deductions for intangible drilling costs, depreciation, and depletion. (ufcu.pfyfn.com)
You can make an election under IRC section 59 (e) to write off intangible drilling costs over 60 months for regular tax purposes, and eliminate an entry on this line. (turbotax.intuit.com)
The proposal would have eliminated some tax breaks, including a repeal of the credit for so - called intangible drilling costs. (climatesciencewatch.org)