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Section 162 provides the general rule that expenses incurred in a trade or business are deductible. Reg. $1.162-5 elaborates on the deductibility of A.Travel expenses.

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Section 162 provides the general rule that expenses incurred in a trade or business are deductible. Reg. $1.162-5 elaborates on the deductibility of A.Travel expenses. B.Expenses of farmers. C.Repairs. D. Expenses for education

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