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Which of the following items, if any, may an S corporation claim as a deduction against ordinary trade or business income on its tax return?

Which of the following items, if any, may an S corporation claim as a deduction against ordinary trade or business income on its tax return? Group of answer choices A. Short-term capital losses B. The dividends-received deduction for corporations C. Amortization of Organizational Expenditures D. Net Operating Loss Carryovers E. None of the above are permitted deductions against an S corporation's ordinary trade or business income.

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