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Dividends Received Deduction. During the year, CCS received a $6,000 dividend from IBM. CCS owns less than 1% of the IBM stock outstanding. What is
- Dividends Received Deduction. During the year, CCS received a $6,000 dividend from IBM. CCS owns less than 1% of the IBM stock outstanding. What is CCSs DRD associated with the dividend? CCSs income is $10,000.
What if the % ownership was 50% of IBM stock?
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