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can someone please ansewar both? thank you. Collapse QUESTION 13 Inc owns 75 of the shares of Inc During the year, Inc pays a dividend
can someone please ansewar both? thank you.
Collapse QUESTION 13 Inc owns 75 of the shares of Inc During the year, Inc pays a dividend of $50,000 to Inc Based on this data, what is inc's dividends received deduction for the your $0 $50,000 O $25,000 $32,500 QUESTION 14 It has beginning bases in his partnership interest of $500 Dunng the year His located $100 of partnership income $500 of partnership losses, and receives a cash distribution of 5400. What amount of ditution in excess of basis will recognico, if any? 1300 $100 5000 Step by Step Solution
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