Renee manufactures and sells a “gadget,” a specialty item
Automakers eligible for domestic production
Activity deduction. Renee incurred $22,800 in direct costs
The project also includes $3,000 in wages paid to Renee’s employees
In the production of gadgets.
Can Renee deduct domestic production activities from the calculation?
How do you use gadgets in these different situations?
Renee purchased the device for $37,000. She reported an AGI
$84,500, before manufacturing deductions.
The domestic manufacturing deduction is:
Renee, aka Renee, sold the equipment for $38,200. She signed up for AGI
$19,000, excluding workmanship deductions
The deduction for manufacturing activities is: ___________
Renee, c. Renee, sold the equipment for $41,000.
$56,000 before manufacturing overhead.
Deductions for domestic production activities are:
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