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The amount of a corporation's dividend received deduction: Question 1 Answer a. Depends on the percentage of stock owned by the corporation in the corporation
The amount of a corporation's dividend received deduction: Question 1 Answer a. Depends on the percentage of stock owned by the corporation in the corporation paying the dividend b. Is always a percentage of the amount of the dividend paid c. Will be zero if the corporation receiving the dividend has a loss during the year d. Reduces the corporation's basis in the stock of the distributing corporation
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