TAX CH8 penalties Loss Allowances Flashcards
1
Q
Common limitations
A
C
2
Q
Public policy limitations
A
C
3
Q
Political contributions
A
C
4
Q
Excessive compensation
A
B
5
Q
Hobby losses
A
V
6
Q
Rental of vacation homes
A
C
7
Q
Bad debts
A
C
8
Q
Worthless securities
A
C
9
Q
Section 1244 stock
A
X
10
Q
Losses of individuals
A
C
11
Q
Research and experimental expenditures
A
C
12
Q
Net operating losses
A
C
13
Q
Depreciation
A
C
14
Q
Retirement plan penalties
A
C
