Bevin Inc. had the following in 2018 : a. What is Bevin Inc.'s taxable income in 2018?
Question:
Bevin Inc. had the following in 2018 :
a. What is Bevin Inc.'s taxable income in 2018?
b. What carrybacks or carryovers does it have from 2018?
Transcribed Image Text:
Gross income from operation Dividends from 22%-owned corporation Operating expenses Charitable contributions NOL deduction from 2016 $450,000 150,000 310,000 30,000 20,000
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Related Book For
CCH Federal Taxation 2019 Comprehensive Topics
ISBN: 9780808049081
2019 Edition
Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback
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