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Alison incurs the following research expenditures. $81,000 In-house wages In-house supplies Paid to ABC, Inc., for research services 8,100 113,400 If required, round your answers
Alison incurs the following research expenditures. $81,000 In-house wages In-house supplies Paid to ABC, Inc., for research services 8,100 113,400 If required, round your answers to the nearest whole dollar. a. Determine the amount of Alison's qualified research expenditures for the tax year. 89,100 x b. If the taxpayer's base amount is $50,000, what is Alison's incremental research activities credit? 7,820 X $
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