When calculating ordinary income, partnerships are not allowed which of the following deductions? a. Miscellaneous expenses b.
Question:
When calculating ordinary income, partnerships are not allowed which of the following deductions?
a. Miscellaneous expenses
b. Qualified business income deduction
c. Depreciation
d. Cost of goods sold
e. Employee wages
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Related Book For
Income Tax Fundamentals 2023
ISBN: 9780357719527
41st Edition
Authors: Gerald E. Whittenburg, Steven Gill
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