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To enter data into a Hyperlink field, press and hold or right-click the Hyperlink field, tap or click Hyperlink on the shortcut menu, and then tap or click ____ on the Hyperlink submenu.
Operating Loss Carryforward
Future reductions in taxable income allowed due to losses incurred in previous periods.
Temporary Differences
Differences between the book basis and tax basis of an asset or liability that result in taxable or deductible amounts in future years.
Intraperiod Income Tax Allocation
The process of assigning income tax expenses or benefits to different components of comprehensive income within the same financial period.
Marginal Income Tax Rate
The percentage of tax applied to your income for each additional dollar of income.
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