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Alison incurs the following research expenditures. In-house wages In-house supplies Paid to ABC, Inc., for research services $125,000 12,500 175,000 If required, round your
Alison incurs the following research expenditures. In-house wages In-house supplies Paid to ABC, Inc., for research services $125,000 12,500 175,000 If required, round your answers to the nearest whole dollar. a. Determine the amount of Alison's qualified research expenditures for the tax year. $ b. If the taxpayer's that the base amount is $150,000, what is Alison's incremental research activities credit?
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