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    Federal Taxation
  4. Exam
    Exam 17: Corporations: Introduction and Operating Rules
  5. Question
    The Passive Loss Rules Apply to Noncorporate Taxpayers and to Personal
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The Passive Loss Rules Apply to Noncorporate Taxpayers and to Personal

Question 66

Question 66

True/False

The passive loss rules apply to noncorporate taxpayers and to personal service corporations but not to closely held C corporations.

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