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Which of the following statements is true? Group of answer choices The exclusion for scholarships and fellowships applies only to undergraduate students. Political contributions are

Which of the following statements is true?

Group of answer choices

The exclusion for scholarships and fellowships applies only to undergraduate students.

Political contributions are never deductible.

The ordinary, necessary, and reasonable expenses of a cocaine dealer are deductible.

Lobbying expenses may be deductible.

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