🎥+✏️Dividend Received Deduction 🟢

Responses

1. 

   James 26 November 2023

   corporate tax, lesson one topic nine. The video locks up at 2:47 and will not start up at any point past 2:47

   1. 

      Mansour Farhat 28 November 2023

      Hi Jim,

      I reuploaded the video. Please let me know if you are still have any issues with this video.

   2. 

      Mansour Farhat 28 November 2023

      Hi Jim,

      I reuploaded the video. Please let me know if you are still have any issues with this video.

2. 

   Deleted User 7 September 2024

   Hello,
   Just Clarify that how much will Farhat took DRD $1,00,000 or($10,000) Please Clarify That

   1. 

      Maroun, CPA 10 September 2024

      Hello Shreyas,

      Farhat would take the $100,000 DRD (Dividends Received Deduction) because the deduction creates a Net Operating Loss (NOL). In scenarios where the DRD contributes to an NOL, the full DRD can be taken even if it exceeds the taxable income limitation. The fact that it generates an NOL does not limit the deduction.

      Let me know if you need further clarification!

3. 

   Seth Ponce 3 June 2025

   For the purpose of computing taxable income for the dividend received deduction, if we had charitable contributions in the same year, are these charitable contributions ignored?

   1. 

      Maroun, CPA 5 June 2025

      Hello Seth,

      No. When you compute “taxable income” for purposes of the DRD limit, you only strip out (1) the NOL deduction, (2) any domestic production activities deduction, (3) the DRD itself, and (4) any capital‐loss carrybacks. Charitable contribution deductions remain in that calculation and will reduce taxable income used to test the DRD ceiling.

      I hope this helps!