What amount of dividends received deduction


Eagle Corporation owns stock in Hawk Corporation and has taxable income of $233,000 for the year before considering the dividends received deduction. Hawk Corporation pays Eagle a dividend of $300,000, which was considered in calculating the $233,000. What amount of dividends received deduction may Eagle claim if it owns 25% of Hawk's stock?

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Accounting Basics: What amount of dividends received deduction
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