# Enrolled Agent Exam [Part 2] 18, Dividends-Received Deduction (DRD)

Page: https://stenobird.com/podcast/finance-exam-prep-7658413/enrolled-agent-exam-part-2-18-dividends-received-deduction-drd
Text version: https://stenobird.com/podcast/finance-exam-prep-7658413/enrolled-agent-exam-part-2-18-dividends-received-deduction-drd.md
Podcast: [Finance Exam Prep](https://stenobird.com/podcast/finance-exam-prep-7658413)
Published: 2026-05-15T22:41:20+00:00
Episode link: https://open-exam-prep.com/
Audio file: https://episodes.captivate.fm/episode/694a280a-a581-4e6c-95d2-f0db34cdaa77.mp3
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Duration seconds: 205

## Resource

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - The Dividends-Received Deduction (DRD) is exclusively for C corporations to mitigate triple taxation on dividends. - DRD percentages are set at 50%, 65%, or 100%, depending on the recipient corporation's ownership stake. - A critical exam trap is the taxable income limitation, which is waived if the full DRD creates or increases a Net Operating Loss (NOL). - To qualify, stock must be held for more than 45 days within a specific 91-day window around the ex-dividend date. - The DRD is reduced for dividends received from stock that was purchased with borrowed funds (debt-financed portfolio stock). For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep

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## Transcript

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