allocate

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Allocate

On a balance sheet, to spread an expense over more than one accounting period. One of the most prominent examples of allocation is depreciation, which spreads the cost of an asset over a certain number of years.

allocate

1. To spread systematically a single monetary amount over a number of time periods, usually years. For example, depreciation allocates the cost of a capital asset over its useful life.
2. To distribute cost or revenue throughout a number of operations or products. For example, a business must decide how to allocate the costs of running its headquarters over all its operations to determine the profitability of each of those operations.
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05 states that if a taxpayer receives a payment that is partly trade discount and partly cooperative advertising, the taxpayer may use the Advance Trade Discount Method "only with respect to the portion of the payment that is allocable to the advance trade discount based on objective criteria" There is no mention of whether the obligation to repay is crucial in carving out part of the advance as cooperative advertising.
IRS changes position on advance trade discounts
Taxpayers using either the section 861 method (16) or the simplified deduction method (17) to allocate costs may use the "Wage Expense Safe Harbor" to determine the amount of W-2 wages properly allocable to DPGR.
Do you know where your employees' wages are? New section 199 W-2 wage limitation guidance
199 wage limitation amount includes only amounts that are properly allocable to DPGR.
See. 199 final Regs. on TIPRA amendments and more
If one accepts the proposition that there is a link between current production of hazardous waste (as a manufacturing by-product) and inventory, then disposal costs of current waste might be properly allocable to inventory by reason of the performance of production activities.
New ruling on treatment of environmental cleanup costs
According to the Tax Court, the issue was not whether the taxpayers' interest on their 1987 income tax deficiency was "personal" but, rather, whether it was "properly allocable to a trade or business.
No noncorporate deduction for underpayment interest: a big blow to unincorporated businesses
A foreign partner's allocable share of partnership ECTI for the partnership's tax year is equal to that foreign partner's distributive share of partnership gross income and gain effectively connected and properly allocable to the partner under Sec.
Sec. 1446 withholding
3) a ratable portion of other deductions not directly allocable to DPGR or to another class of income.
Section 199: how will recent amendments and new guidance affect your deduction?
At least one payment, allocable, for property use during a calendar year, is to be paid after the close of the following calendar year.
Rent inducements
Memo 1991-557, 11/7/91), the Tax Court held Black & Decker's worthless stock loss in a foreign subsidiary, claimed in a pre-TRA 86 taxable year, to be allocable entirely against its foreign source income for purposes of determining its foreign tax credit limitation.
Worthless stock loss is allocable to foreign source income
172 is the difference between the (1) NOL for the tax year and (2) NOL for the tax year without including deductions for interest on the portion of any debt allocable to a CERT (i.
Caveat emptor: stock acquisition CERT limit on NOL use

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