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Business, 12.09.2019 02:30 hinacat87

Silver inc. is an s corporation. this year it earned $60,000 of taxable income and paid a $10,000 distribution to daisy, its sole shareholder. daisy has a marginal tax rate of 24%. due to thecorporation's results and the distribution paid, the irs will receive total taxes of a. $14,400. b. $27,000. c. $9,000. d.$14,100.

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Silver inc. is an s corporation. this year it earned $60,000 of taxable income and paid a $10,000 di...
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