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Regional Tax Deduction not included in Taxable Income in starting point for all state

edited Apr 17, 2025 4:15PM in Tax Reporting (Direct Tax) 1 comment

Summary:

Inconsistencies are observed in the process of pulling National Taxable Income into the Regional Taxable Income Current Provision for P1-P3, FY25, unlike the seamless calculations in P12, FY24. Utah is not integrating TRCS_DeductIncTaxReg for E3918 or E0010_US_Consol_Adj into the Regional Current Provision, while Connecticut pulls in E0010_US_Consol_Adj but excludes E3918.

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25.04.65



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