Question
In 2019, Webstel Corporation donated $50,000 to qualifying charity. For the year., it reported a xable income of $450,000, which included the following: the $60,000
In 2019, Webstel Corporation donated $50,000 to qualifying charity. For the year., it reported a xable income of $450,000, which included the following: the $60,000 charitable contribution (before Limitation, a $20,000 dividend received deduction, and a $25,000 net operating loss carryover.
A. What is Webstel corps charitable contribution deduction in 2019?
B. How much if any would be carried over
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Auditing Basics
Authors: 3G E-Learning
1st Edition
1984624261, 978-1984624260
