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In 2019, the Solstice Corporation has $405,600 in revenues and $291,500 in regular deductions plus it made charitable contributions of $14,500 and received dividends of
In 2019, the Solstice Corporation has $405,600 in revenues and $291,500 in regular deductions plus it made charitable contributions of $14,500 and received dividends of $7,900 from another C corporation in which it owned 18% of the stock. What is the Solstice Corporations tax liability (what does it need to pay) for 2019?
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