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Level 1
December 7, 2019
Solved

WHY IS THE DOMESTIC PRODUCTION ACTIVITY DEDUCTION SHOWING ON A C CORP FORM 1120 AS OTHER DEDUCTIONS $0 WHEN WE DON'T USE FORM 8903 AND CAN OVERRIDE OR DELETE IT?

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sjrcpa
sjrcpaAnswer
Level 15
December 7, 2019

Fiscal year corp can get the deduction for the period in 2017.

The more I know the more I don’t know.

3 replies

sjrcpa
sjrcpaAnswer
Level 15
December 7, 2019

Fiscal year corp can get the deduction for the period in 2017.

The more I know the more I don’t know.
Level 6
December 7, 2019
A C corp (fiscal year) can get the deduction?  I'm doing a consulting services company with no qualifying DPAD income.  The error will allow a change to the worksheet.  What's going on.