Corp A owns 25% of Corp B. Corp A received ,000 in dividends from Corp B. Corp A's taxable income before the DRD is ,000. What is the Dividends Received Deduction (DRD)?

1. Determine Rate (50%, 65%, 100%). 2. Calculate Tentative DRD (Rate x Div). 3. Calculate Income Limit (Rate x Income). 4. Check 'Loser' Rule: Does Tentative DRD create an NOL? If yes, take full Tentative DRD. If no, take lesser of Tentative or Limit.