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- where do i access allocations for controlled group for Schedule O for the tax calculation with bracket allocations
where do i access allocations for controlled group for Schedule O for the tax calculation with bracket allocations
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joeschmo
Level 1
02-18-2022
04:27 PM
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Controlled group is subject to allocation of the tax brackets to the members. Schedule O does not seem to take that into account for the calculation of the income tax. It applies the standard brackets regardless of allocation of members.
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