2 01:59:42 eBook You received no credit for this question in the previous attempt. Concerning the business interest expense deduction, which of the following statements is true? Multiple Choice Adjusted taxable income is equal to taxable income before business Interest expense The Interest expense deduction cannot exceed 20% of adjusted taxable income The Interest expense limitation does not apply to a business with receipts under $26.5 million Disallowed Interest expense can be carried forward Indefinitely