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1 7 To be deductible, an expense must be q , 1 8 a . ordinary, necessary, and given with disinterested generosity 1 9 b

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To be deductible, an expense must be q,
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a. ordinary, necessary, and given with disinterested generosity
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b. ordinary, necessary, reasonable, and have a business purpose
c. ordinary, necessary, and capable of producing a profit
d. paid in the current year, not extravagant, even if personal, and necessary
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