### Question
What is the definition of qualified reclamation or closing costs?


### Answer
The definition of **qualified reclamation or closing costs** is as follows in *26 U.S.C. § 468*:

> any of the following expenses:


#### (A) Mining reclamation and closing costs


Any expenses incurred for any land reclamation or closing activity which is conducted in accordance with a reclamation plan (including an amendment or modification thereof)—


(i) which—


(I) is submitted pursuant to the provisions of section 511 or 528 of the Surface Mining Control and Reclamation Act of 1977 (as in effect on January 1, 1984), and


(II) is part of a surface mining and reclamation permit granted under the provisions of title V of such Act (as so in effect), or


  

(ii) which is submitted pursuant to any other Federal or State law which imposes surface mining reclamation and permit requirements substantially similar to the requirements imposed by title V of such Act (as so in effect)

#### Citation:
  - *26 U.S.C. § 468*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter E-Accounting Periods and Methods of Accounting > PART II-METHODS OF ACCOUNTING > Subpart C-Taxable Year for Which Deductions Taken**

