Qualified expenditure
For purposes of this subsection, the term “qualified expenditure” means any amount which, but for an election under this subsection, would have been allowable as a deduction (determined without regard to section 291) for the taxable year in which paid or incurred under—
(A)#
section 173 (relating to circulation expenditures),
(B)#
section 174A(a) (relating to domestic research or experimental expenditures),
(C)#
section 263(c) (relating to intangible drilling and development expenditures),
(D)#
section 616(a) (relating to development expenditures), or
(E)#
section 617(a) (relating to mining exploration expenditures).