What is the non-separately stated ordinary income amount of an S corporation that has the following...
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What is the non-separately stated ordinary income amount of an S corporation that has the following items: Gross Sales $ 200,000 Interest Income Rental Income Cost of goods sold Net-long term capital gain Compensation paid to Shareholder 12,000 25,000 127,000 17,000 10,000 h What is the non-separately stated ordinary income amount of an S corporation that has the following items: Gross Sales $ 200,000 Interest Income Rental Income Cost of goods sold Net-long term capital gain Compensation paid to Shareholder 12,000 25,000 127,000 17,000 10,000 h
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Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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