Deductions from Gross Income

Fiscal Year 2010 Resource Summary (in Millions)
TAX EXPENDITURE FY2008 FY2009 FY2010
Deductions from Gross Income 140.9 140.1 140.6

View tax item language

item description amount
Deductions from Gross Income 140.6
2.201 Charitable Deduction 43.7
2.203 Net Operating Loss Carry-Over 96.0
2.204 Excess Natural Resource Depletion Allowance Negligible
2.205 Deduction for Certain Dividends of Cooperatives N.A.
2.206 Abandoned Building Renovation Deduction 0.9

Key:

ORIGIN  
IRCFederal Internal Revenue Code (26 U.S.C.)
M.G.L. Massachusetts General Laws
U.S.C United States Code
ESTIMATES All estimates are in $ millions.