Thanks For your HELP!!! 13. When computing the accumulated earnings tax, the dividends-paid deduction is not...
Thanks For your HELP!!!
13. When computing the accumulated earnings tax, the dividends-paid deduction is not available for
A) dividends paid during the tax year.
B) throwback dividends.
C) stock dividends.
D) All of the above are deductible.
15. When computing the accumulated earnings tax, which of the following is not a reduction to arrive at accumulated taxable income?
A) accumulated earnings credit
B) NOL deduction claimed
C) accrued federal income taxes
D) dividends-paid deduction
Homework Answers
13. When computing the accumulated earnings tax, the dividends-paid deduction is not available for Stock dividends.
The answer is C.
14. When computing the accumulated earnings tax, accumulated earnings credit is not a reduction to arrive at accumulated taxable income.
The answer is A.
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Thanks For your HELP!!!
13. When computing the accumulated earnings
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