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What is the dividends received deduction h may claim

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Reference no: EM132957207

Problem 1: H corporation (a Colorado C corporation), owns shareholder interests in the following companies: 25% of T Co. (a Colorado C corporation), 5% of M Co. (a Colorado C corporation), 100% of W Co. (a Colorado limited liability limited partnership). At the end of Year 1, H receives the following distributions of current Earnings and Profits ("E&P"): $100 from T, $50 from M, $200 from W. What is the dividends received deduction H may claim when filing its year 1 corporate income tax return?

a. $115
b. $315
c. $275
d. $105

Reference no: EM132957207

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