Current Federal Tax Expense (Benefit) of Wetouch Technology Inc. from 31 Dec 2023 to 31 Mar 2025

Taxonomy & unit
us-gaap: USD
Description
Amount of current federal tax expense (benefit) pertaining to income (loss) from continuing operations.
Summary
Wetouch Technology Inc. quarterly and annual Current Federal Tax Expense (Benefit) in USD history and change rate from 31 Dec 2023 to 31 Mar 2025.
  • Wetouch Technology Inc. Current Federal Tax Expense (Benefit) for the quarter ending 31 Mar 2025 was $1,476,488, a 123% increase year-over-year.
  • Wetouch Technology Inc. annual Current Federal Tax Expense (Benefit) for 2024 was $2,699,683, a 34% decline from 2023.
Source SEC data
View on sec.gov
Current Federal Tax Expense (Benefit), Quarterly (USD)
Current Federal Tax Expense (Benefit), YoY Quarterly Change (%)
Current Federal Tax Expense (Benefit), Annual (USD)
Current Federal Tax Expense (Benefit), YoY Annual Change (%)

Wetouch Technology Inc. Quarterly Current Federal Tax Expense (Benefit) (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
Q1 2025 $1,476,488 +$814,640 +123% 01 Jan 2025 31 Mar 2025 10-Q 08 Oct 2025 2025 Q1
Q1 2024 $661,848 01 Jan 2024 31 Mar 2024 10-Q 08 Oct 2025 2025 Q1

Wetouch Technology Inc. Annual Current Federal Tax Expense (Benefit) (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
2024 $2,699,683 -$1,382,923 -34% 01 Jan 2024 31 Dec 2024 10-K 11 Sep 2025 2024 FY
2023 $4,082,606 01 Jan 2023 31 Dec 2023 10-K 11 Sep 2025 2024 FY
* An asterisk sign (*) next to the value indicates that the value is likely invalid.