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Chris Parker
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Cream, Inc.s taxable income for 2009 before any deduction

Resolved Question:

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.
Submitted: 7 years ago.
Category: Homework
Expert:  Chris Parker replied 7 years ago.

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