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    Domestic Production Deduction

    The home page of TAXALMANAC.org has a nice summary of the Domestic Production Credit.

    #2
    Did mine

    finished mine and it amounts to $35,000 deduction split 6 ways. I will take a look at it thank you.

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      #3
      Good job.

      JON,
      You earner your fee for this client, good job.

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        #4
        Originally posted by JON
        finished mine and it amounts to $35,000 deduction split 6 ways. I will take a look at it thank you.
        So, the qualified amount was over a million and wages were at lease 70,000? You took off cog and appropriate operating costs in the calculation?
        JG

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          #5
          This is my

          only one of any consequence and for the time I spent I was suprised at the limitations. Extremely profitable company, but did seperate into categories because one did not count. I acctually thought I would come out with around $48,000, but the details surprised me and finally went with the Simplified, rather than my "impossible" method.

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