ALLIANT ENERGY CORP
For the period ended Mar 31, 2024. Filed May 3, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 3, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
. Income Taxes
NOTE 9. INCOME TAXES
Income Tax Rates -Overall effective income tax rates for the three months ended March 31, which were computed by dividing income tax expense (benefit) by income before income taxes, were as follows. The effective income tax rates were different than the federal statutory rate primarily due to state income taxes, production tax credits, amortization of excess deferred taxes and the effect of rate-making on property-related differences.
| Alliant Energy | IPL | WPL | ||||
|---|---|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | 2024 | 2023 | |
| Overall income tax rate | (7%) | (1%) | (19%) | (18%) | 6% | 12% |
Deferred Tax Assets and Liabilities -
Carryforwards -At March 31, 2024, the carryforwards and expiration dates were estimated as follows (in millions):
| Range of Expiration Dates | Alliant Energy | IPL | WPL | |
|---|---|---|---|---|
| State net operating losses | 2025-2044 | $403 | $6 | $1 |
| Federal tax credits | 2032-2044 | 685 | 462 | 214 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.