Dividends-received deduction

Reference no: EM13185061

For the current taxable year, UVW Inc.'s gross income from operations was $1,500,000. UVW had expenses from its operations were $2,000,000. UVW Inc. also received a $600,000 dividend from a 5 percent-owned corporation. How much is UVW Inc.'s dividends-received deduction?

Reference no: EM13185061

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