This document outlines the computation of recovery exclusion for state income tax deduction for the year 2015, as per Internal Revenue Code Section 111. It includes sections on the 2014 state income tax deduction and 2015 recovery amount, 2015 recovery exclusion, 2014 tax benefit amount, and recomputation of 2014 tax varying deduction for state income tax.
documents/EFTA01220507.pdf
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