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State whether it is true or false : 1. 2. A loss may not be deducted unless attributable to a closed and completed transaction. Under
State whether it is true or false :
1. 2. A loss may not be deducted unless attributable to a closed and completed transaction. Under the general rule, an individual's "tax home" is deemed to be the location of the individual's place of business. Married taxpayers who file as married separate are not permitted to claim a deduction for student loan interest expense. 3Step by Step Solution
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