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New Member
posted Jun 1, 2019 6:06:04 AM

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

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New Member
Jun 1, 2019 6:06:06 AM

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.