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Chuck Corporation Reports the Following Results for This Year

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Chuck Corporation reports the following results for this year: Chuck Corporation reports the following results for this year:   At the end of this year, Chuck's E&P for its C corporation tax years amount to $30,000. Compute Chuck Corporation's excess net passive income. At the end of this year, Chuck's E&P for its C corporation tax years amount to $30,000. Compute Chuck Corporation's excess net passive income.

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