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For tax purposes, in computing the ordinary income of a partnership, a deduction is allowed for: A. Fixed salaries determined without regard to the income

For tax purposes, in computing the ordinary income of a partnership, a deduction is allowed for:

A.

Fixed salaries determined without regard to the income of the partnership, paid to partners for services provided to the partnership

B.

The net operating loss deduction

C.

Contributions to charitable organizations

D.

Personal exemptions of the partners

E.

None of the above

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