Page 233 - Large Business IRS Training Guides

Adjusted taxable Income (ATI) 2 1

Step 9: Verify all additions and reductions to taxable

income are included on Form 8990, Part I, Section II.

Exam Tip: Verify adjustments for pass-through entity

items, GILTI and Subpart F.

Exam tip: Taxpayer may try to convert certain items from

ATI into BII to increase the limitation. Ensure the

amounts of interest equivalents are properly classified.

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