Given a company with the following information, please help me calculate the deferred tax rollover treatment of

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Given a company with the following information, please help me calculate the deferred tax rollover treatment of R&D credits and FIN 48 uncertain tax position /Valuation allowance:

Taxable income = $0.

Current R&D credits = $100,000

The amount that fails the more likely than not criteria is $25,000

I must include a valuation allowance for the remaining $75,000

In the next year I will have enough income to recognize the entire credit and release the valuation allowance. Can you possibly help me utilizing a spreadsheet?

Posted Date: May 18, 2024 11:05 PM

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Given a company with the following information, please help me calculate the deferred tax rollover treatment of

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