Match each of the following terms with the appropriate description in the state income tax formula. Apply the
UDITPA rules in your responses.
-Federal depreciation deduction in excess of state amount.

Question

Quizplus · Accepted Answer

Federal depreciation deductions that exceed the state amount are added back to the income, thus they are considered an addition modification under UDITPA rules. This adjustment ensures that the state taxable income reflects the appropriate state depreciation rules.

Match Each of the Following Terms with the Appropriate Description