Computing amount of dividends received deduction


Assignment:

Corporation B has taxable income of $40,000. Included in total income of $5,000 of dividends received in 2016 from unaffiliated domestic corporations. (Ownership in these stocks is less than 5% of stock outstanding).

  • What is the amount of dividends received deduction?

Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.

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Accounting Basics: Computing amount of dividends received deduction
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