Bevin Inc. had the following in 2019: a. What is Bevin Inc.s taxable income in 2019? b.
Question:
Bevin Inc. had the following in 2019:
a. What is Bevin Inc.’s taxable income in 2019?
b. What carrybacks or carryovers does it have from 2019?
Transcribed Image Text:
Gross income from operation Dividends from 22%-owned corporation Operating expenses Charitable contributions NOL deduction from 2017 $450,000 150,000 310,000 30,000 20,000
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Related Book For
CCH Federal Taxation Basic Principles 2020
ISBN: 9780808051787
2020 Edition
Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback
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