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    Essentials of Federal Taxation
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    Exam 14: Corporate Nonliquidating and Liquidating Distributions
  5. Question
    Which of These Items Is Not an Adjustment to Taxable
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Which of These Items Is Not an Adjustment to Taxable

Question 21

Question 21

Multiple Choice

Which of these items is not an adjustment to taxable income to compute current E&P?


A) Dividends received deduction
B) Tax-exempt income
C) Net capital loss carryforward from the prior year tax return
D) All of the above are adjustments

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