In 2019, pine corporation had losses of $20,000 from operations. it received $180,000 in dividends from a 25%-owned domestic corporation. pine’s taxable income is $160,000 before the dividends-received deduction. what is the amount of pine’s dividends-received deduction?
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In 2019, pine corporation had losses of $20,000 from operations. it received $180,000 in dividends f...
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