When calculating ordinary income, partnerships are not allowed which of the following deductions? a. Miscellaneous expenses b.

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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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Income Tax Fundamentals 2023

ISBN: 9780357719527

41st Edition

Authors: Gerald E. Whittenburg, Steven Gill

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Question Posted: Feb 28, 2023 06:53 AM

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When calculating ordinary income, partnerships are not allowed which of the following deductions? a. Miscellaneous expenses b.

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Income Tax Fundamentals 2023

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