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an unincorporated integrated oil company takes a percentage depletion deduction of $20000 in 2019 on a mineral propertty w/adjusted basis of $15000 before depletion amount.
an unincorporated integrated oil company takes a percentage depletion deduction of $20000 in 2019 on a mineral propertty w/adjusted basis of $15000 before depletion amount.
What is tax preference? 5000 5500 15000 20000
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