Which of the following is not a trade or business expense? a. Interest on investment indebtedness. b.
Question:
Which of the following is not a “trade or business” expense?
a. Interest on investment indebtedness.
b. Property taxes on business equipment.
c. Depreciation on business property.
d. Cost of goods sold.
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Related Book For 
Fundamentals Of Taxation 2019
ISBN: 9781260158670
12th Edition
Authors: Ana M. Cruz Dr., Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler, Jinhee Trone
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