In 2022, AutoUSA Incorporated reported $6,100,000 of book income, including $35,000 of interest income from tax-exempt bonds. AutoUSA reported $5,100,000 of regular business expenses. If it made $225,000 of estimated tax payments (prepayments) throughout the tax year, what is its tax due or tax refund when it files its return?

Answer rating: 100% (QA)

Answer Hence For AutoUSA Incorporated the tax refund is 103100 Answer is as follow Answe... View the full answer