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In Each of the Following Independent Situations, Determine the DPAD

question 102

Essay

In each of the following independent situations, determine the DPAD for 2016 for the corporation involved.  Taxpayer  QPAI  TI  W-2 wages  a.  Siskin $400,000$500,000$30,000 b.  Ibis 800,000700,000130,000 c.  Scamp 700,000900,000200,000 d.  Pipits 900,000900,000280,000 e.  Puffin 900,000900,000200,000\begin{array}{llccc}&\text { Taxpayer } & \text { QPAI } & \text { TI } & \text { W-2 wages }\\\text { a. } & \text { Siskin } & \$ 400,000 & \$ 500,000 & \$ 30,000 \\\text { b. } & \text { Ibis } & 800,000 & 700,000 & 130,000 \\\text { c. } & \text { Scamp } & 700,000 & 900,000 & 200,000 \\\text { d. } & \text { Pipits } & 900,000 & 900,000^{*} & 280,000 \\\text { e. } & \text { Puffin } & 900,000 & 900,000 & 200,000^{* *}\end{array}

*Does not include a $120,000\$ 120,000 NOL carryover from the prior year.


** Only $60,000\$ 60,000 relates directly to manufacturing activities.


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