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Question 8 Investment expenses are the taxpayer's allowed deductions directly connected with the production of investment income. With regards to the Tax Cuts and Jobs
Question 8 Investment expenses are the taxpayer's allowed deductions directly connected with the production of investment income. With regards to the Tax Cuts and Jobs Act, investment expenses that a taxpayer can deduct on his or her California income tax return for tax year 2020 include all of the following except: O A. Investment interest expense O B. Depreciation allowed on assets that produce investment income OC. Depletion allowed on assets that produce investment income OD. Software or online services used to manage the taxpayer's investments
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