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  3. Study Set
    Federal Taxation
  4. Exam
    Exam 22: Deductions and Losses
  5. Question
    A Deduction Will Be Allowed for an Expenditure Unless the Internal
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A Deduction Will Be Allowed for an Expenditure Unless the Internal

Question 58

Question 58

True/False

A deduction will be allowed for an expenditure unless the Internal Revenue Code specifically disallows it.

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