<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s863714ba-1a98-42cb-8e29-4e6d7a375540Normal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s863714ba-1a98-42cb-8e29-4e6d7a375540DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s863714ba-1a98-42cb-8e29-4e6d7a375540DefaultParagraphFont-000000 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s863714ba-1a98-42cb-8e29-4e6d7a375540000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s863714ba-1a98-42cb-8e29-4e6d7a375540DefaultParagraphFont-000002 { color: #0000FF; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s863714ba-1a98-42cb-8e29-4e6d7a375540Normal"><span xml:space="preserve" class="s863714ba-1a98-42cb-8e29-4e6d7a375540DefaultParagraphFont">    </span><span class="s863714ba-1a98-42cb-8e29-4e6d7a375540DefaultParagraphFont-000000">20:10:13:89.  Schedule K-1 -- Working papers for federal income taxes.</span><span xml:space="preserve" class="s863714ba-1a98-42cb-8e29-4e6d7a375540DefaultParagraphFont"> In support of federal income taxes, the utility shall submit a complete reconciliation of the book net income with taxable net income as reported to the federal Internal Revenue Service for the most recent year for which a tax return was filed and for the three previous years. A complete explanation of all items in the reconciliation shall be submitted. If the tax allowances claimed give effect to omission of items appearing or inclusion of items not appearing in the reconciliations for the most recent tax return, the reasons for such omissions or inclusions shall be submitted. All items in the reconciliation shall be referenced specifically to the elements of the cost of service to which they refer.</span></p><p dir="ltr" class="s863714ba-1a98-42cb-8e29-4e6d7a375540Normal"><span xml:space="preserve" class="s863714ba-1a98-42cb-8e29-4e6d7a375540000001"> </span></p><p dir="ltr" class="s863714ba-1a98-42cb-8e29-4e6d7a375540Normal"><span xml:space="preserve" class="s863714ba-1a98-42cb-8e29-4e6d7a375540DefaultParagraphFont">    </span><span class="s863714ba-1a98-42cb-8e29-4e6d7a375540DefaultParagraphFont-000000">Source:</span><span xml:space="preserve" class="s863714ba-1a98-42cb-8e29-4e6d7a375540DefaultParagraphFont"> 2 SDR 90, effective </span><span xml:space="preserve" class="s863714ba-1a98-42cb-8e29-4e6d7a375540DefaultParagraphFont">July 7, 1976; 12 SDR 86, effective </span><span xml:space="preserve" class="s863714ba-1a98-42cb-8e29-4e6d7a375540DefaultParagraphFont">November 24, 1985; 12 SDR 151, 12 SDR 155, effective </span><span class="s863714ba-1a98-42cb-8e29-4e6d7a375540DefaultParagraphFont">July 1, 1986.</span></p><p dir="ltr" class="s863714ba-1a98-42cb-8e29-4e6d7a375540Normal"><span xml:space="preserve" class="s863714ba-1a98-42cb-8e29-4e6d7a375540DefaultParagraphFont">    </span><span class="s863714ba-1a98-42cb-8e29-4e6d7a375540DefaultParagraphFont-000000">General Authority:</span><span xml:space="preserve" class="s863714ba-1a98-42cb-8e29-4e6d7a375540DefaultParagraphFont"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=49-34A-4"><span class="s863714ba-1a98-42cb-8e29-4e6d7a375540DefaultParagraphFont-000002">49-34A-4</span></a><span class="s863714ba-1a98-42cb-8e29-4e6d7a375540DefaultParagraphFont">.</span></p><p dir="ltr" class="s863714ba-1a98-42cb-8e29-4e6d7a375540Normal"><span xml:space="preserve" class="s863714ba-1a98-42cb-8e29-4e6d7a375540DefaultParagraphFont">    </span><span class="s863714ba-1a98-42cb-8e29-4e6d7a375540DefaultParagraphFont-000000">Law Implemented:</span><span xml:space="preserve" class="s863714ba-1a98-42cb-8e29-4e6d7a375540DefaultParagraphFont"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=49-34A-10"><span class="s863714ba-1a98-42cb-8e29-4e6d7a375540DefaultParagraphFont-000002">49-34A-10</span></a><span xml:space="preserve" class="s863714ba-1a98-42cb-8e29-4e6d7a375540DefaultParagraphFont">, </span><a href="https://sdlegislature.gov/Statutes?Statute=49-34A-12"><span class="s863714ba-1a98-42cb-8e29-4e6d7a375540DefaultParagraphFont-000002">49-34A-12</span></a><span xml:space="preserve" class="s863714ba-1a98-42cb-8e29-4e6d7a375540DefaultParagraphFont">, </span><a href="https://sdlegislature.gov/Statutes?Statute=49-34A-41"><span class="s863714ba-1a98-42cb-8e29-4e6d7a375540DefaultParagraphFont-000002">49-34A-41</span></a><span class="s863714ba-1a98-42cb-8e29-4e6d7a375540DefaultParagraphFont">.</span></p><p dir="ltr" class="s863714ba-1a98-42cb-8e29-4e6d7a375540Normal"><span xml:space="preserve" class="s863714ba-1a98-42cb-8e29-4e6d7a375540000001"> </span></p></div></body></html>