Pepper inc an s corporation reports sales revenues of


Question - Pepper, Inc., an S corporation, reports sales revenues of $400,000, taxable interest of $380,000, operating expenses of $250,000, and deductions attributable to the interest income of $140,000. What is Pepper's passive income penalty tax payable, if any?

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Accounting Basics: Pepper inc an s corporation reports sales revenues of
Reference No:- TGS02547872

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