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This year, GHJ Inc. received the following dividends. BP Inc. (a taxable California corporation in which GHJ holds a 2% stock interest) $ 17,300 MN
This year, GHJ Inc. received the following dividends.
BP Inc. (a taxable California corporation in which GHJ holds a 2% stock interest) | $ | 17,300 |
MN Inc. (a taxable Florida corporation in which GHJ holds a 52% stock interest) | 80,800 | |
AB Inc. (a taxable French corporation in which GHJ holds a 21% stock interest) | 17,300 | |
Compute GHJs dividends-received deduction:
*Please show computations. Thanks
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