Question
For a trust or estate, IRC 179 A. deduction must be entirely allocated to income beneficiaries on a Schedule K-1. B. deduction must be deducted
For a trust or estate, IRC 179
A. deduction must be entirely allocated to income beneficiaries on a Schedule K-1.
B. deduction must be deducted on the trush return.
C. deduction can only be claimed to the extent of net income from a trade or business operated by the trust or estate.
D. deduction is not available for use.
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Accounting Information System
Authors: James A. Hall
7th Edition
978-1439078570, 1439078572
