Question 4 (2.5 points) Listen The IRC Section 199A deduction is designed to give some taxpayers who operate a trade or business directly on Schedule C (or through a flow-through entity) a deduction to reduce Taxable Income. 1) True 2) False Question 5 (2.5 points) Saved Listen A taxpayer can expense the cost of acquiring a site for a laboratory as well as the costs of constructing a laboratory. 1) True 2) False