Distinguish between net passive income and passive investment income in the computation of the tax on excess

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Distinguish between "net passive income" and "passive investment income" in the computation of the tax on excess net passive income of an S corporation.

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CCH Federal Taxation Basic Principles 2020

ISBN: 9780808051787

2020 Edition

Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback

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