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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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