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For purposes of determining current E&P, which of the following items cannot be deducted in the year incurred? O dividends-received deduction O charitable contribution in
For purposes of determining current E&P, which of the following items cannot be deducted in the year incurred? O dividends-received deduction O charitable contribution in excess of the 10% limitation O capital losses in excess of capital gains O life insurance premiums (in excess of the increase in cash surrender value for the policy) paid on the lives of key employee
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