Which of the Following Is Not an Adjustment to Taxable

question 18

Multiple Choice

Which of the following is not an adjustment to taxable income when computing the personal holding company tax?

• A) dividends- paid deduction
• B) NOL carryover from immediately preceding tax year
• C) dividends- received deduction
• D) All of the above are adjustments.

---

Definitions:

Intense Heat

Extremely high temperatures that can impact the environment, human health, and overall climate patterns.

Primary Succession

The series of community changes which occur on an entirely new habitat which has never been colonized before.

Retreating Glacier

A glacier that is decreasing in size and moving backward over time, often an indicator of climate change.

Rock Exposed

Areas where the bedrock or geological formations are visible on the earth's surface without vegetation cover.