Page 136 - Large Business IRS Training Guides

Adjusted Taxable Income (ATI)

Adjusted taxable income (ATI) means taxable income

of the taxpayer computed without regard to:

• Any item of income, gain, deduction, or loss which

is not properly allocable to a trade or business;

• Any business interest income or business interest

expense;

• Any net operating loss (IRC § 172);

• Any qualified business income deduction (IRC

§ 199A);

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