Multiple Choice
Which of the following can be deducted as a trade or business expense?
A) Lobbying expenses to influence taxpayers.
B) Political contribution to elect a local Congressman.
C) Illegal bribes to government
D) Rent paid on a office to run an illegal gambling operation.
E) None of the above can be deducted.
Correct Answer:
Verified
Correct Answer:
Verified
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