Typically,state taxable income includes:

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​Typically,state taxable income includes:

Quizplus · Accepted Answer

State taxable income includes both apportionable and nonapportionable income. Apportionable income is allocated to a specific state based on the portion of business activity conducted in that state, while nonapportionable income is taxed by the state in which it was earned. Different terms may be used in the computation, but both types of income are included in the calculation of state taxable income.

​Typically,state Taxable Income Includes

Typically,state Taxable Income Includes