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Help Solve Required information [The following information applies to the questions displayed below.) Part 2 of 3 Calculate Anaheim Corporation's excess net passive income tax
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Required information [The following information applies to the questions displayed below.) Part 2 of 3 Calculate Anaheim Corporation's excess net passive income tax in each of the following alternative scenarios: (Leave no answer blank. Enter zero if applicable.) 7.5 points b. Passive investment income, $100,000; expenses associated with passive investment income, $70,000; gross receipts, $148,000; taxable income if C corporation, $2,600; corporate E&P, $33,500. Excess net passive income taxStep by Step Solution
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