Homework answers / question archive / Which of the following reduces taxable income on Form 1120? A

Which of the following reduces taxable income on Form 1120? A

Business

Share With

Which of the following reduces taxable income on Form 1120?

A.)A net capital loss from the sale of a business asset in the year incurred.

B.)Payment of a fine for an illegally parked delivery truck.

C.)Dividends paid to shareholders.

D.)Charitable contributions made on the last day of the tax year.

Please help on this homework question due this morning thank you