To compute the accumulated taxable income, all of the items below are deductible, except: a. Federal income

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To compute the accumulated taxable income, all of the items below are deductible, except:

a. Federal income taxes

b, After-tax net capital gains

c. Current dividends

d. Deficiency dividends

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CCH Federal Taxation Basic Principles 2020

ISBN: 9780808051787

2020 Edition

Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback

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