Match each of the following items with the appropriate description, indicating whether the item is computed on a group basis on a consolidated tax return.
-Compensation deductions.
A)Group item
B)Not a group item

Question

Quizplus · Accepted Answer

Compensation deductions are typically not computed on a group basis in a consolidated tax return; they are calculated individually for each entity within the group.

Match Each of the Following Items with the Appropriate Description