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

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This year GHJ Incorporated received the following dividend.pdf

  • 1. This year, GHJ, Incorporated received the following dividends: BP, Incorporated (a taxable California corporation in which GHJ holds a 2% stock interest) $ 17,300 MN, Incorporated (a taxable Florida corporation in which GHJ holds a 52% stock interest) 80,800 AB, Incorporated (a taxable French corporation in which GHJ holds a 21% stock interest) 17,300 Required: Compute GHJs dividends-received deduction.