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Author Question: Drake and Davina are married and file a joint return for 2016 with taxable income of $100,000 and ... (Read 40 times)

Hungry!

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on: Sep 13, 2020

Question 1

All of the following are allowable deductions under the alternative minimum tax except
◦ charitable contributions.
◦ gambling losses.
◦ qualified housing interest.
◦ state income taxes.

Question 2

Drake and Davina are married and file a joint return for 2016 with taxable income of $100,000 and tax preferences and adjustments of $51,000 for AMT purposes. Their regular tax liability is $16,533. What is the amount of their total tax liability?
◦ $17,472
◦ $39,260
◦ $34,005
◦ $16,533
Federal Taxation 2017 Individuals ¦ Pope, Rupert, Anderson ¦ 30th Edition
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Marked as best answer by Hungry! on Sep 13, 2020

Joy Chen

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Reply #1 on: Sep 13, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Hungry!

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Reply 2 on: Sep 13, 2020
:D TYSM

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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