What is the passive investment income tax on an S corporation that has gross receipts of $200,000,
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What is the passive investment income tax on an S corporation that has gross receipts of $200,000, passive investment income of $80,000, and expenses of $10,000 directly connected to the production of the passive income?
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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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