Company: INVUP
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001641172-25-001193
Chunk: 1995

Company: Investview, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 5
Chunk 1995
---
 the following components as of December 31, 2024 and 2023:

 SCHEDULE
OF DEFERRED TAX ASSETS AND LIABILITIES

    December
    31, 2024  
    December
    31, 2023 
  
    Deferred tax assets 

    NOL
    carryover 
    $2,417,161  
    $2,982,071 
  
    Amortization 
     1,850,667  
     1,771,645 
  
    Other
    accruals 
     1,988,821  
     1,800,662 
  
    Depreciation 
     862,384  
     562,982 
  
    Investment
    in partnership 
     10,985,183  
     10,964,704 
  
    Deferred tax liabilities 
     -  
     - 
  
    Valuation
    allowance 
     (18,104,216) 
     (18,082,064)
  
    Net
    deferred tax liability 
    $-  
    $- 

The
income tax provision differs from the amount of income tax determined by applying the U.S. federal income tax rate to pretax income from
continuing operations for the year ended December 31, 2024 and 2023, due to the following:

 SCHEDULE
OF INCOME FROM CONTINUING OPERATIONS

    Year ended
                                                                               December 31, 2024  
    Year ended
                                                                               December 31, 2023 
  
    Income taxes
    at statutory rate 
    $437,925  
    $1,052,169 
  
    State taxes – net
    of federal benefit 
     (6,641) 
     31,600 
  
    Valuation allowance 
     581,800  
     1,809,765 
  
    Foreign derived intangible
    income 
     (420,033) 
     (781,561)
  
    Interest 
     260,511  
     260,317 
  
    Other 
     41,378  
     (193,878)
  
    Total
    income tax provision (benefit) 
    $894,940  
    $2,178,412 

    F-26

INVESTVIEW,
INC.

NOTES
TO