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-What Is the Income Tax Liability for the Current Year

Question 53

Multiple Choice

-What is the income tax liability for the current year if consolidated tax returns are prepared? A) $55,560. B) $70,350. C) $60,000. D) $73,500. E) $84,000.
-What is the income tax liability for the current year if consolidated tax returns are prepared?


A) $55,560.
B) $70,350.
C) $60,000.
D) $73,500.
E) $84,000.

Correct Answer:

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