Line 9970 是accounting income before tax per financial statement。 Line 9999 是net income(after tax). $20是actual tax payable。
-insane2011(happyforever);
2015-3-27{459}(#83862@41)
一般来说,difference between L9970 and L9999就是你公司accrual tax payable,如果actual tax payable 跟你accrual tax payable有差别的话,报完税后需要reverse the accrual tax payable/expense, and book the actual tax payable/expense。 不过看你的意思,你们好像没有accrual tax liability?
另外,G125不会变。就是accounting 意思上的financial statement。一般来说,L9990 应该有数字,是accrual current tax payable,也就是你们公司过去一年里的reasonable estimation of tax.
准备year-end financial statement时基本上不可能知道真正要交多少税,所以tax payable只能是个accrual liability. G125要的就是financial statement at year-end. 然后把accrual tax liability(both current and deferred)都加回去,从income before tax per accounting financial statement开始算Sch 1的taxable income.