Question: In computing the ordinary income of a partnership, a deduction is allowed for a. Contributions to recognized charities. b. The first $100 of dividends received

In computing the ordinary income of a partnership, a deduction is allowed for

a. Contributions to recognized charities.

b. The first $100 of dividends received from qualifying domestic corporations.

c. Short-term capital losses.

d. Guaranteed payments to partners.

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