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Cream, Inc

Question 85

Multiple Choice

Cream, Inc.'s taxable income for the current year before any deduction for an NOL carryforward of $30,000 is $70,000. Cream's qualified production activities income (QPAI) is $60,000. What is the amount of Cream's domestic production activities deduction (DPAD) for the current year?


A) $1,200
B) $1,800
C) $2,400
D) $3,600
E) None of the above

Correct Answer:

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