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bobkieva
New Member

What is corporate dividends received deduction and how do you calculate it?

 
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ToddL
New Member

What is corporate dividends received deduction and how do you calculate it?

The "Dividends Received Deduction" is a tax deduction received by a corporation on the dividends it receives by other corporations in which it has an ownership stake

It only applies to corporate tax returns. On a corporate return (Form 1120), it is a deduction from corporate taxable income.

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