The Deduction Limitation on Net Business Interest Expense Is Applied

question 142

True/False

The deduction limitation on net business interest expense is applied at the partner,not the partnership,level.

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Smaller

Referring to an object of lesser size or amount compared to another.

Multiply

A mathematical operation where a number is added to itself a certain number of times, equivalent to repeated addition.

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A term used to indicate a larger amount, size, degree, or importance in comparison with something else.

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