Question: Would the following expense items be reported on Schedule M-1 of the corporation income tax return (Form 1120) showing the reconciliation of income per books

Would the following expense items be reported on Schedule M-1 of the corporation income tax return (Form 1120) showing the reconciliation of income per books with income per return?

Lodging expenses for executive out-of-town travel Deduction for a net capital loss

a. Yes Yes

b. No No

c. Yes No

d. No Yes

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