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    Federal Taxation
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    Exam 9: Deductions: Employee and Self-Employed-Related Expenses
  5. Question
    Ralph Made the Following Business Gifts During the Year
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Ralph Made the Following Business Gifts During the Year

Question 34

Question 34

Multiple Choice

Ralph made the following business gifts during the year.
​
Ralph made the following business gifts during the year. ​   Presuming proper substantiation,Ralph's deduction is: A) $0. B) $53. C) $73. D) $78. E) $98.
Presuming proper substantiation,Ralph's deduction is:


A) $0.
B) $53.
C) $73.
D) $78.
E) $98.

Correct Answer:

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