Question: What is the dividends received deduction received from a 20% owned corporation? Dividends received$20,000 Gross income from operations$10,000 Expenses from operations$15,000 $0 $1,275 $5,200 $6,500

What is the dividends received deduction received from a 20% owned corporation?

Dividends received$20,000

Gross income from operations$10,000

Expenses from operations$15,000

$0

$1,275

$5,200

$6,500

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