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In computing the ordinary income of a partnership, a deduction is generally allowed for: A. Guaranteed payments to partners. B. Contributions to organized charities. C.

In computing the ordinary income of a partnership, a deduction is generally allowed for:

A. Guaranteed payments to partners.
B. Contributions to organized charities.
C. 65% of the amount of dividends received from a 10% owned corporation.
D. The net operating loss deduction.
E. All of the above can be deducted.

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