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.
$\begin{array}{lrrr}
& \text { State X } & \text { State Z } & \text { Totals } \
\text { Sales } & \$ 1,500,000 & \$ 1,000,000 & \$ 2,500,000 \
\text { Property } & 500,000 & -0- & 500,000 \
\text { Payroll } & 2,000,000 & -0- & 2,000,000
\end{array}$
X utilizes an equally weighted threefactor 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.
$\begin{array}{lrrr} 
& \text { State X } & \text { State Z } & \text { Totals } \
\text { Sales } & \$ 1,500,000 & \$ 1,000,000 & \$ 2,500,000 \
\text { Property } & 500,000 & -0- & 500,000 \
\text { Payroll } & 2,000,000 & -0- & 2,000,000
\end{array}$
X utilizes an equally weighted three­factor 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.
$\begin{array}{lrrr} 
& \text { State X } & \text { State Z } & \text { Totals } \
\text { Sales } & \$ 1,500,000 & \$ 1,000,000 & \$ 2,500,000 \
\text { Property } & 500,000 & -0- & 500,000 \
\text { Payroll } & 2,000,000 & -0- & 2,000,000
\end{array}$
X utilizes an equally weighted three­factor 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