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Under the qualified pass-through business income deduction shareholders are permitted to deduct 20% of the business income against itself, this can then be claimed as
Under the qualified pass-through business income deduction shareholders are permitted to deduct 20% of the business income against itself, this can then be claimed as a ___. Question 119Select one: a. Below-the-line deduction b. Above-the-line deduction c. Tax credit d. It is not able to be claimed as a deduction or credit
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy
10th Canadian Edition Volume 2
1118300858, 978-1118300855
