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Instructions For Pa-20s/pa-65 Schedule I - Amortization Of Intangible Drilling And Development Costs - 2016 Page 2

LINE 6(e)

LINE 7(b)

LINE 7(f)

Accumulated Amortization

Date well placed in service

Accumulated Amortization

Enter the cumulative amount of intan-

Enter the date that the well was placed

For year well(s) placed in service, this

gible drilling and development costs

into production.

amount will be zero.

amortized in prior years.

LINE 7(c)

LINE 7(g)

LINE 6(f)

Intangible Drilling Cost Expense

Amortization for this year

PA Deduction of IDCs

Enter the total amount of the intangible

Divide line 7(e) by 10.

Enter the amortization expense that

drilling and development costs allo-

NOTE: If additional space is re-

will be deducted for Pennsylvania per-

cated to each well.

quired to list wells on Line 6 and

sonal income tax purposes during the

7 of Part C, then please submit addi-

LINE 7(d)

tax year.

tional copies of Schedule I.

Elected Expense

LINE 7

LINE 8

If Part B, Line 4 is marked yes, enter

Complete chart for well(s) placed in

amount to expense. This amount can-

Add amounts from Line 6 and Line 7

service after 12/31/2013.

not exceed one-third of the intangible

of Part C. Total amount of amortization

drilling and development costs in-

reported on Line 8 should be reported

LINE 7(a)

curred.

on Schedule M, Section F, Line c of

Part B.

Description of Well

LINE 7(e)

Enter the location of each well or the

name of each well. Description of the

Amortizable Amount

well should be same as the description

Subtract Line 7(c) – 7(d).

the entity uses for record keeping.

Instructions For Pa-20s/pa-65 Schedule I - Amortization Of Intangible Drilling And Development Costs - 2016 Page 2

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