Both corporations are eligible for the small business deduction. If the partnership earns income of $700,000 and

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Both corporations are eligible for the small business deduction. If the partnership earns income of $700,000 and the two corporations receive an equal amount of this profit, how much of the profit will qualify for the small business deduction in each corporation?

Posted Date: May 18, 2024 05:14 PM

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Both corporations are eligible for the small business deduction. If the partnership earns income of $700,000 and

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