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What is alleghanys excess net passive income

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Assignment:

Alleghany Corporation reports the following results:

Service income $80,000, Dividend income $60,000, Interest income $120,000, Passive-income related expenses $40,000, Other expenses $100,000.

At the end of the year, Alleghany's C Corp E&P was $100,000. What is Alleghany's excess net passive income, excess net passive income tax and flow through items?

Reference no: EM133335524

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