Results for: Dividends-received-deduction-drd

Does a single person C Corp have to pay a salary and deduct taxes to that 1 person who serves all functions or - if not - is there another means of compensation dividend distributions?

  I am not an attorney, however I did ask an attorney the same question. He told me that I do not have to pay myself a salary, BUT, the IRS may declare the company a perso (MORE)

If an investor buys stock on the ex-dividend date will that individual receive the dividend?

No, the definition of ex-dividend date is trading without the dividend. Any stock purchased "ex-dividend" date is not entitled to the dividend. AND equally as importantly OFFS (MORE)

A dividend is?

the money paid to the shareholders for sharing in the profits of  the company. A+  Also the number being divided in a division (equates to the  numerator in a vulgar fracti (MORE)

What is the answer to 20c plus 5 equals 5c plus 65?

20c + 5 = 5c + 65 Divide through by 5: 4c + 1 = c + 13 Subtract c from both sides: 3c + 1 = 13 Subtract 1 from both sides: 3c = 12 Divide both sides by 3: c = 4
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What wil be the journal entry of dividend received and reinvested?

If dividend received is reinvested then there is no journal entry is required and this information can be mentioned through the use of memo entry. There is no journal entry r (MORE)