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An example of an expense not allowed as a deduction under Code Sec. 162(a) would be: Question 16 options: 1) a speeding ticket. 2) an
An example of an expense not allowed as a deduction under Code Sec. 162(a) would be:
Question 16 options:
1)
a speeding ticket.
2)
an expense incurred while operating an illegal gambling business.
3)
a government imposed penalty.
4)
both a and c.
5)
all of the above.
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