ETAX Corporation Income and Deductions R17-13B

Order for deducting special corporate deductions.

  1. Deductions, except charitable contributions, DRD, NOL carryback, capital loss carryback.
  2. Charitable contributions, subject to 10% of taxable income.
  3. Dividend received deductions.
  4. NOL carryback, short-term capital loss carryback.
September 10, 2020 | |