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In the computation of a net operating loss, which of the following items is not added to the negative taxable income? a. Losses incurred in
In the computation of a net operating loss, which of the following items is not added to the negative taxable income?
a. Losses incurred in a transaction entered into for profit.
b. Deductible alimony payments.
c. Personal theft loss.
d. Losses from theft of securities.
e. None of these choices are correct.
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