PWD Incorporated is an Illinois corporation.It properly included,deducted,or excluded the 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) $116,000.
B) $130,833.
C) $131,000.
D) $164,333.

Question

PWD Incorporated is an Illinois corporation.It properly included,deducted,or excluded the 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) $116,000. 
B) $130,833. 
C) $131,000. 
D) $164,333.

Quizplus · Accepted Answer

The Answer of PWD Incorporated is an Illinois corporation.It properly included,deducted,or excluded the 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) $116,000. 
B) $130,833. 
C) $131,000. 
D) $164,333.

PWD Incorporated Is an Illinois Corporation