Page 710 - Large Business IRS Training Guides
P. 710

Timing of
                                              Section 965(a) Inclusion: Ex. 3










                                                                                       Year End:
                                                                      USP              12/31











               Year End:                                                                                            Year End:
               11/30                      FC1                                                     FC2               12/31

               DFI: 400                                                                                             DFI: 100









                                                        FC1’s DFI of $400 in its income in 2018.
                            1.  USP includes
                            2.  USP includes
                                                        FC2’s DFI of $100 in its income in 2017.









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