Page 411 - Large Business IRS Training Guides
P. 411
Steps
in Computing
FDII and the 250 deduction
In the following steps,
taxpayers will determine:
STEP 1 – Deduction Eligible Income (DEI)
STEP 2 – Deemed Tangible Income Return (DTIR)
STEP 3 – Deemed Intangible Income (DII)
STEP 4 – Foreign-Derived Intangible Income (FDII) and
the 250 deduction with respect to FDII
42