Accumulated Earnings Credit Question

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  • #174049
    Anonymous
    Inactive

    Can someone tell me the formula to calculate the accumulated earnings credit?

    From Becker, to me it seems like they’re saying: 250,000 – [BEG E&P – CORP. NEEDS].

    But I also saw another explanation that said it was the greater of:

    250,000 – BEG E&P or

    BEG E&P – CORP. NEEDS – CAPITAL GAINS NET OF TAX

    Can someone please clarify? Thanks!

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  • #376945
    Anonymous
    Inactive

    Anyone?

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