Lighting Associates Look Back Study
Assumptions
- Built: 2020
- Building Cost: $363,117.00
- Tax Year: 2021
- Effective Tax Rate: 45%
- Discount Factor: 8%
Results
- Total Reclassed Basis: $98,457.48
- Total After Tax Net Present Value Benefit: $50,476.06
- 481(a) Adjustment: $156,146.77
- 1st Year Tax Savings: $70,708.96