SOBR Safe, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

INCOME TAXES (Tables)

INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2022

INCOME TAXES

Schedule of provision for Federal income tax consisted

		December 31, 2022				December 31, 2021
Income tax benefit attributable to:
Net loss		$	(12,354,930	)		$	(7,870,378	)
Permanent differences			1,732,832				2,924,431
Valuation allowance			10,622,098				4,945,947
Net provision for income tax		$	-			$	-

Schedule of cumulative tax effect 21%

		December 31, 2022				December 31, 2021
Deferred tax asset attributable to:
Net operating loss carry forward		$	5,759,000			$	3,212,000
Valuation allowance			(5,759,000	)			(3,212,000	)
Net deferred tax asset		$	-			$	-

Schedule of cumulative tax effect 5%

		December 31, 2022				December 31, 2021
Deferred tax asset attributable to:
Net operating loss carry forward		$	1,524,000			$	917,000
Valuation allowance			(1,524,000	)			(917,000	)
Net deferred tax asset		$	-			$	-