Black Company paid wages of $180,000 of which $40,000 was qualified for the work opportunity tax credit under the general rules. Black Company's deduction for wages for the year is:
Black Company paid wages of $180,000 of which $40,000 was qualified for the work opportunity tax credit under the general rules. Black Company's deduction for wages for the year is:
Chapter5: Unemployment Compensation Taxes
Section: Chapter Questions
Problem 2SSQ
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Black Company paid wages of $180,000 of which $40,000 was qualified for the work opportunity tax credit under the general rules. Black Company's deduction for wages for the year is:
a.$180,000.
b.$140,000.
c.$166,000.
d.$164,000.
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