Question: how do I compute the answer Comporation A owrs 40% of all clswer of stock in Corporation B throughout 3021 . Comporations A and B
Comporation A owrs 40% of all clswer of stock in Corporation B throughout 3021 . Comporations A and B are Subclapter C corporations, and they aro botb dometic corporation. Tbe Bostd of Directon of Cosp. B anathorized asd paid s600,000 in cask dividepta to Cosporation A. Ausume Corporation A qualifies foe de Dividends Reccived Bedriction QLESTION: Fot tax pumores how mucb does Corporation A realite and recognize on its Form 1120 for 2021 ? Mutiple Choice $120,000 realized 5600,000 recogaizod 5390.000 realized: 5120,000 recognized. se00.000 iealized: 5210.000 recogniatd
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