Cream, Inc.’s taxable income for 2009 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 2009? 1. $2,400. 2. $3,600. 3. None of the above. 4. $1,800. 5. $1,200.
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Master of Computer Applications (MCA). BSc in Mathematics, Physics, and Computer Science.