Taxable Income and CarryForward Percentage
Table 28-2 Taxable Income and CarryForward Percentage
| Utilization Taxable Income | Utilization Carry forward | Example Use Case (Lesser of the two) | ||
|---|---|---|---|---|
| Percent | Dollar | Percent | Dollar | |
| 100% | 100% |
Carry forward = 100$ and Taxable income =50$ Expected Utilized amount should be = -50$ |
||
| 100% | 100% |
Carry forward = 100$ and Taxable income =200$ Expected Utilized amount should be = -100$ |
||
| 50% | 100% |
Carry forward = 100$ and Taxable income =50$ Expected Utilized amount should be = -25$ |
||
| 50% | 100% |
Carry forward = 100$ and Taxable income =200$ Expected Utilized amount should be = -100$ |
||
| 50% | 100% |
Carry forward = 100$ and Taxable income = 500$ Expected Utilized amount should be = -100$ |