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Identify which of the following are tax preferences: a) Seven percent of the exclusion associated with gains on the sale of certain small business stock. b) Exclusion on the receipt of property by gift or by inheritance. c) Exclusion associated with payment of premiums by the employer on group term life insurance for coverage not in excess of $50,00. d) Percentage depletion in excess of the property's adjusted basis

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9955832

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