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PWD Incorporated Is an Illinois Corporation

Question 6

Multiple Choice

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 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'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

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