On a 2021 tax return, how, if at all, would you recover the cost you pay for a noncompete agreement (or “covenant not to compete”) in the context of your pur-chase of all of the assets of a...

On a 2021 tax return, how, if at all, would you recover the cost you pay for a noncompete agreement (or “covenant not to compete”) in the context of your pur-chase of all of the assets of a going-concern accounting practice?

(a)  Straightline amortization over the covenant’s term.

(b)  Straightline amortization over 15 years (180 months).

(c)  Straightline amortization over
the shorter of
(a) or (b).

(d)  Straightline amortization over
the longer of
(a) or (b).

(e)  Section 179 “expensing.”

(f)  None of the above statements is true.