Question: In applying the typical apportionment formula: a. When Federal taxable income is negative, aggregate state taxable incomes total to zero. b. The aggregate of state

In applying the typical apportionment formula:

a. When Federal taxable income is negative, aggregate state taxable incomes total to zero.

b. The aggregate of state taxable incomes equals Federal taxable income.

c. The aggregate of state taxable incomes may not equal Federal taxable income.

d. When Federal taxable income is negative, all states taxable incomes are negative.

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