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Consider the scenario of Omega Corporation: Executive Name : Gabriella Position : Chief Operating Officer (COO) Company Type : Privately-owned company in the technology sector



Consider the scenario of Omega Corporation:

  • Executive Name: Gabriella
  • Position: Chief Operating Officer (COO)
  • Company Type: Privately-owned company in the technology sector
  • Effective Date: April 1, 2022

Gabriella's compensation for 2023 is detailed as follows:

  • Base Salary: $1,300,000
  • Performance Bonus: $250,000
  • Stock Grants: 9,000

Determine the deductible portion of Gabriella's compensation on Omega Corporation's 2023 corporate income tax return.

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