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Shannon is the CFO for Silver Penny Corporation, a privately held calendar year C-Corporation. Shannons earnings for the 2019 year was $2,500,000 and she was
Shannon is the CFO for Silver Penny Corporation, a privately held calendar year C-Corporation. Shannons earnings for the 2019 year was $2,500,000 and she was the highest paid employee of Silver Penny. How much of Shannons salary can be deducted on Silver Pennys corporation tax return for 2019?
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