José Corporation realized $900,000 taxable income from the sales of its products in States X and Z. José's activities in both states establish nexus for income tax purposes. José's sales, payroll, and property among the states include the following.
X utilizes an equally weighted three-factor apportionment formula. How much of José's taxable income is apportioned to X?

Question

José Corporation realized $900,000 taxable income from the sales of its products in States X and Z. José's activities in both states establish nexus for income tax purposes. José's sales, payroll, and property among the states include the following.  ​
X utilizes an equally weighted three-factor apportionment formula. How much of José's taxable income is apportioned to X?

Quizplus · Accepted Answer

The Answer of José Corporation realized $900,000 taxable income from the sales of its products in States X and Z. José's activities in both states establish nexus for income tax purposes. José's sales, payroll, and property among the states include the following.  ​
X utilizes an equally weighted three-factor apportionment formula. How much of José's taxable income is apportioned to X?

José Corporation Realized $900,000 Taxable Income from the Sales of Its