PWD Incorporated is an Illinois corporation. It properly included, deducted, or excluded the80)following items on its federal tax return in the current year: PWD's Federal Taxable Income was $100,000. Calculate PWD's Illinois state tax base.
A) $131,000.
B) $116,000.
C) $164,333.
D) $130,833.

Question

PWD Incorporated is an Illinois corporation. It properly included, deducted, or excluded the80)following items on its federal tax return in the current year:  PWD's Federal Taxable Income was $100,000. Calculate PWD's Illinois state tax base.
A) $131,000. 
B) $116,000. 
C) $164,333. 
D) $130,833.

Quizplus · Accepted Answer

The Answer of PWD Incorporated is an Illinois corporation. It properly included, deducted, or excluded the80)following items on its federal tax return in the current year:  PWD's Federal Taxable Income was $100,000. Calculate PWD's Illinois state tax base.
A) $131,000. 
B) $116,000. 
C) $164,333. 
D) $130,833.

PWD Incorporated Is an Illinois Corporation