Designate by an a If the Item Would Be an Addition

question 40

Short Answer

Designate by an A if the item would be an addition to book income in determining taxable income; designate by an S if the item would be a subtraction from book income in determining taxable income.
_____ a. Insurance premium on key-person life insurance.
_____ b. Tax-exempt bond interest income
_____ c. Tax depreciation in excess of book depreciation
_____ d. Fines and bribes
_____ e. Nondeductible portion of meals and entertainment
_____ f. Federal income tax
_____ g. Carryover of a charitable contribution from a prior year
_____ h. Increase in cash value of key-person life insurance
_____ i. Bad debt expense in excess of the addition to bad debt reserves
_____ j. Excess of book depreciation over tax depreciation
_____ k. Expenses related to tax-exempt income
_____ l. Excess capital losses over capital gains

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Definitions:

Vienna Psychoanalytic Society

An organization founded by Sigmund Freud in 1902, dedicated to the study and promotion of psychoanalysis.

Neurologist

A medical specialist who diagnoses and treats disorders of the nervous system, including diseases of the brain, spinal cord, nerves, and muscles.

Dream Interpretation

The process of assigning meaning to dreams, often used in psychoanalysis to uncover unconscious desires or issues.

Wish Fulfillment

Wish fulfillment is a psychological concept where dreams or fantasies are interpreted as expressions of deep-seated desires and needs.