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How do I calculate the value to determine if my business activities meet the $50,000 threshold?

April 26, 2017activities Business CALCULATE determine meet threshold value

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How do I calculate the value to determine if my business activities meet the $50,000 threshold?

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A. The value you use to calculate the $50,000 threshold includes only the value of the precious metal, stones or jewels or which is contained or attached to a finished product, without including labor charges, overhead or profit margin.