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PWD Incorporated Is an Illinois Corporation

Question 107

Multiple Choice

PWD Incorporated is an Illinois corporation. It properly included, deducted, or excluded the80) following items on its federal tax return in the current year: PWD Incorporated is an Illinois corporation. It properly included, deducted, or excluded the80) 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) $131,000. B) $116,000. C) $164,333. D) $130,833. PWD's Federal Taxable Income was $100,000. Calculate PWD's Illinois state tax base.


A) $131,000.
B) $116,000.
C) $164,333.
D) $130,833.

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