10. The Tax Cuts and Jobs Act repeals the overall limitation on itemized deductions including...
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10. The Tax Cuts and Jobs Act repeals the overall limitation on itemized deductions including investment expenses. Therefore, for tax year 2018, California S Corporation shareholders include investment expenses reported to him or her on which of the following Californian income tax schedules? A. Schedule CA B. Schedule K-1 C. Schedule S D. None of the above
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