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Ebony, Inc., has taxable income of $700,000 and qualified production activities income (QPAI) of $700,000 in 2016. Ebonys domestic production activities deduction is: a. $36,000.
Ebony, Inc., has taxable income of $700,000 and qualified production activities income (QPAI) of $700,000 in 2016. Ebonys domestic production activities deduction is: a. $36,000. b. $42,000. c. $54,000. d. $63,000. e. None of the above.
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