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  3. Study Set
    Concepts in Federal Taxation
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    Exam 14: Choice of Business Entity-Operations and Distributions
  5. Question
    A Sole Proprietor May Deduct Investment Interest and Investment Expense
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A Sole Proprietor May Deduct Investment Interest and Investment Expense

Question 48

Question 48

True/False

A sole proprietor may deduct investment interest and investment expense without limitations if investments are made in the name of the business.

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