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What is a Domestic Production Deduction(DPD) and what must we do to be eligible for this tax deduction?

Domestic Production Deduction
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Wray Rives CPA CGMA
To qualify for a Domestic Production Deduction, you must have Domestic Production Gross Receipts which would include business receipts from:
1. construction of real property you perform in the US
2. engineering or architectural services you perform in the US
3. lease, sale, exchange or disposition of qualifying production property you manufacture, produce or grow.
4. qualified film you produce
5. electricity, natural gas or potable water you produce in the US

The instructions for form 8903 might help you understand if you qualify for a Domestic Production Deduction.
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