Question
Based on the information in the exhibits, enter the appropriate amounts in the designated cells below. Enter all amounts as positive values. If no entry
Based on the information in the exhibits, enter the appropriate amounts in the designated cells below. Enter all amounts as positive values. If no entry is necessary, enter a zero (0).
Federal income for items | Amount |
Exclusion amount for interest income |
|
Deduction for dividends received from Money Corp. |
|
Deduction for dividends received from the REIT |
|
Deduction for dividends received from the mutual fund |
|
Deduction for dividends received from the money market fund |
|
Deduction for net capital loss |
|
Regular federal income tax for year ended December 31, 2021, if taxable income was $100,000 |
|
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