Ramirez Corporation is subject to tax only in State A. Ramirez generated the following income and deductions. 
Federal taxable income is the starting point in computing A taxable income. State income taxes are not deductible for A tax purposes. Ramirez's A taxable income is:
A) $495,000.
B) $500,000.
C) $545,000.
D) $595,000.
Correct Answer:
Verified
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