The Rollins Group produces training corporate training videos. It operates as a sole proprietorship and is 100%
Question:
a. What is Rollins’ qualified production activities income?
b. What is Rollins’ qualified production activities deduction?
c. Assume that Rollins W-2 wages allocable to its domestic production gross receipts (DPGR) are $150,000. How does this impact Rollins’ qualified production activities deduction?
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Related Book For
Concepts In Federal Taxation
ISBN: 9780324379556
19th Edition
Authors: Kevin E. Murphy, Mark Higgins, Tonya K. Flesher
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