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Business, 02.03.2020 23:26 GreenHerbz206
In 2021, Bodily Corporation reported $300,000 pretax accounting income. The income tax rate for that year was 25%. Bodily had an unused $120,000 net operating loss carryforward from 2019 when the tax rate was 30%. Bodily's income tax payable for 2021 would be:
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In 2021, Bodily Corporation reported $300,000 pretax accounting income. The income tax rate for that...
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