Question: $680 is STILL NOT a correct answer!!! How much state income tax MUST be paid by a corporation that has $30,000 of Federal taxable income?
$680 is STILL NOT a correct answer!!!
How much state income tax MUST be paid by a corporation that has $30,000 of Federal taxable income? The company deducted $2,000 of state and local taxes on the Federal return, and had $2,000 of qualified worker retraining expenses. The corporation does business ONLY in Virginia
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