Question: which questions here have the wrong answer selected? 1 points Saved QUESTION 1 Deductions are a matter of legislative grace True False 1 points Saved

 which questions here have the wrong answer selected? 1 points Saved which questions here have the wrong answer selected?

1 points Saved QUESTION 1 Deductions are a matter of legislative grace True False 1 points Saved QUESTION 2 Payment of expenses by a cash basis taxpayer ensures a current period deduction True False QUESTION 3 1 points Saved Fines paid in the course of carrying on a trade or business generally are not deductible. True False QUESTION 4 1 points Saved The expenses incurred to investigate the expansion of one's present business are deductible only if the expansion is accomplished. True False QUESTION 5 1 points v Saved If a vacation home is rented for less than 15 days during a year, all rental income and expenses (other than mortgage interest and real estate taxes) are ignored. True False

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