Which of the following is business income for NOL purposes?    Interest earned on savings account.  Unemployment compensation.  Alimony received.  IRA distribution.

Income Tax Fundamentals 2020
38th Edition
ISBN:9780357391129
Author:WHITTENBURG
Publisher:WHITTENBURG
Chapter4: Additional Income And The Qualified Business Income Deduction
Section: Chapter Questions
Problem 19MCQ
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Which of the following is business income for NOL purposes?

 
 Interest earned on savings account.
 Unemployment compensation.
 Alimony received.
 IRA distribution.
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