George operates a business that generated adjusted gross


George operates a business that generated adjusted gross income of $250,000 and taxable income of $170,000 this year (before the domestic production activities deduction). Included in income was $70,000 of qualified production activities income. George paid $60,000 of wages to employees engaged in domestic manufacturing. What domestic production activities deduction will George be eligible to claim this year?

Request for Solution File

Ask an Expert for Answer!!
Financial Accounting: George operates a business that generated adjusted gross
Reference No:- TGS01598129

Expected delivery within 24 Hours