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Examine the scenario of Titan Corporation: Executive Name : Ava Position : Chief Technology Officer (CTO) Company Type : Privately-owned company in the telecommunications sector



Examine the scenario of Titan Corporation:

  • Executive Name: Ava
  • Position: Chief Technology Officer (CTO)
  • Company Type: Privately-owned company in the telecommunications sector
  • Effective Date: February 1, 2022

Ava's compensation for 2023 is presented as follows:

  • Base Salary: $1,000,000
  • Performance Bonus: $150,000
  • Restricted Stock: 8,000

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

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