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What is the rate for percentage depletion on oil and gas income? 5%10%15%20% QUESTION 19 Which of the following items of income, gain, loss, or

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What is the rate for percentage depletion on oil and gas income? 5%10%15%20% QUESTION 19 Which of the following items of income, gain, loss, or deduction will be included in the calculation of net passive income? Sec. 1231 gain Interest Income Royalty Income Portfolio Deductions QUESTION 20 Employer contributions to an employee's qualified retirement plan are included in the wages of the employee in the year the contribution is made. True False

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