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George operates a business that generated adjusted gross income of $250!,000 and taxable income of $ 170,000 this year (before the domestic production activities deduction)
George operates a business that generated adjusted gross income of $250!,000 and taxable income of $ 170,000 this year (before the domestic production activities deduction) included in income was $70,000 of qualified production activities income. George paid $60,000 of wages to employees engaged in domestic manufacturing. With domestic production activities deduction will George be eligible to claim this year? A. $5400 B. 6300 C. 7200 D. 15300 E. 22500
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