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  3. Study Set
    Individual Taxation
  4. Exam
    Exam 7: Overview of Deductions and Losses
  5. Question
    Fees Paid for Preparation of a Tax Return Are Deductible
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Fees Paid for Preparation of a Tax Return Are Deductible

Question 24

Question 24

True/False

Fees paid for preparation of a tax return are deductible only if they are related to a taxpayer's trade, business, or activity engaged in for profit.

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