José Corporation realized $900,000 taxable income from the sales of its products in States X and Z.José's activities in both states establish nexus for income tax purposes.José's sales,payroll,and property among the states include the following.

X utilizes an equally weighted three-factor apportionment formula.How much of José's taxable income is apportioned to X?

Question

José Corporation realized $900,000 taxable income from the sales of its products in States X and Z.José's activities in both states establish nexus for income tax purposes.José's sales,payroll,and property among the states include the following.
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X utilizes an equally weighted three-factor apportionment formula.How much of José's taxable income is apportioned to X?

Quizplus · Accepted Answer

The Answer of José Corporation realized $900,000 taxable income from the sales of its products in States X and Z.José's activities in both states establish nexus for income tax purposes.José's sales,payroll,and property among the states include the following.
​

X utilizes an equally weighted three-factor apportionment formula.How much of José's taxable income is apportioned to X?

José Corporation Realized $900,000 Taxable Income from the Sales of Its