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Level 1
February 25, 2024
Question

How do you list dividends paid on form 1120?

  • February 25, 2024
  • 1 reply
  • 9 views
do they affect the tax liability or just reduce retained earnings?
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1 reply

abctax55
Level 15
February 25, 2024

Not a deduction...this points out the 'double taxation' component of C Corps.

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