Which of the following isn't a typical federal/state adjustment?
A) Dividends received deduction.
B) Depreciation.
C) Meals and entertainment.
D) U.S. obligation interest income.

Question

Quizplus · Accepted Answer

Dividends received deduction, depreciation, and U.S. obligation interest income are all typical federal/state adjustments. However, meals and entertainment expenses are not typically included in federal/state adjustments.

Which of the Following Isn't a Typical Federal/state Adjustment