### Question
What is the definition of amortizable basis?


### Answer
The definition of **amortizable basis** is as follows in *26 U.S.C. § 194*:

> that portion of the basis of the qualified timber property attributable to reforestation expenditures

#### Citation:
  - *26 U.S.C. § 194*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter B-Computation of Taxable Income > PART VI-ITEMIZED DEDUCTIONS FOR INDIVIDUALS AND CORPORATIONS**

