Question

During the current year, Corporation G received $30,000 in dividends from a 60%-owned taxable domestic corporation. G received no other dividends. G's charitable contributions for the year totaled $15,000. G's taxable income for the year was $70,000 after the dividends-received deduction but before the deduction for charitable contributions. What is the amount of Corporation G's charitable contribution deduction for the year

Answer 1

Answer: 8,950 hope this helps can you plz tell me if it wong so i can se what i did wong

Step-by-step explanation: