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During the Current Year,Goose Corporation (A Calendar Year,cash Basis Taxpayer)receives

Question 99

Multiple Choice

During the current year,Goose Corporation (a calendar year,cash basis taxpayer) receives cash dividends as follows: During the current year,Goose Corporation (a calendar year,cash basis taxpayer) receives cash dividends as follows:   Presuming the taxable income limitation does not apply,Goose Corporation's dividends received deduction for the current year is: A)  $126,000. B)  $135,000. C)  $141,000. D)  $159,000. E)  None of the above. Presuming the taxable income limitation does not apply,Goose Corporation's dividends received deduction for the current year is:


A) $126,000.
B) $135,000.
C) $141,000.
D) $159,000.
E) None of the above.

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