Nick negotiates a $4.5 million contract per year with a major college football program to become its head coach.What amount is deductible by the program in 2012 his first full year of employment.
A) None.
B) $1,000,000.
C) $3,000,000.
D) $4,500,000.
E) None of the above.
Correct Answer:
Verified
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