Question

Which is a comprehensive tool useful in researching income tax conformity and non-conformity for individual states?

The Tax Institute at H&R Block State Employee Business Expenses QRC.

The Tax Institute at H&R Block State Casualty and Theft Loss QRC.

The Tax Institute at H&R Block State Itemized Deductions QRC.

The Tax Institute at H&R Block State-IRC Conformity Series.

Answer 1

Correct Answer:

Option (4) or the Tax Institute at H&R Block State-IRC Conformity Series is correct answer because state conform to the Internal Revenue Code (IRC) on static or rolling basis or on their own calculation of income.

Incorrect answers:

Option (1) or the Tax Institute at H&R Block State Employee Business Expenses QRC is incorrect answer because the State-IRC Conformity Series is correct answer.

Option (2) or the Tax Institute at H&R Block State Casualty and Theft Loss QRC is incorrect answer because the State-IRC Conformity Series is correct answer.

Option (3) or The Tax Institute at H&R Block State Itemized Deductions QRC is incorrect answer because the State-IRC Conformity Series is correct answer.

So correct answer option Option (4)