35. LO.6 Continue with the facts of Problem 34. Using the format of Exhibit 16.3, compute state...
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35. LO.6 Continue with the facts of Problem 34. Using the format of Exhibit 16.3, compute state taxable income for HippCo, assuming also that the taxpayer recognized $225,000 of net rent income during the year from a warehouse building in Montana. Federal taxable income still is $1,000,000.
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Related Book For 
Essentials Of Taxation Individuals And Business Entities
ISBN: 233160
1st Edition
Authors: Nellen/Young/Raabe/Maloney
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