[Greg]

In a pass-through entity, my understanding is that OCI unrealized gains/losses from AFS securities do not create deferred tax assets/liabilities given the pass-through nature. That being said, is OCI still reported net of tax?

[AndreA]

Yes, we record OCI net of tax.

[Greg]

Follow up for anyone wondering – it is not reported net of tax for pass-through entities!

[CPAHOPE]

Net income + other comprehensive income = total comprehensive income
Other comprehensive income is not part of net income, therefore its not reported net of tax

[Author]

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