Screen Ponzi - Revenue Procedure 2009-20 (Ponzi) (1041)

Computation of Deduction

Does the taxpayer intend to pursue third-party recovery?
The entry determines the percentage of deductible qualified investment on Section C, Page 3. If you leave the field blank or enter
1
, the percentage of qualified investment is 75 percent. If you enter
2
, the percentage of qualified investment is 95 percent.
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