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Author Question: In 2016 Charlton and Cindy have alternative minimum taxable income of $130,000 and file a joint ... (Read 99 times)

daltonest1984

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Question 1

Harley's tentative minimum tax is computed by multiplying the AMT tax rates by her
◦ taxable income.
◦ alternative minimum tax base.
◦ alternative minimum taxable income.
◦ tentative alternative taxable income.

Question 2

In 2016 Charlton and Cindy have alternative minimum taxable income of $130,000 and file a joint return. For purposes of computing the alternative minimum tax, their exemption is
◦ $0.
◦ $8,100.
◦ $53,900.
◦ $83,800.


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Marked as best answer by daltonest1984 on Sep 13, 2020

lkanara2

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daltonest1984

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Reply 2 on: Sep 13, 2020
Great answer, keep it coming :)


triiciiaa

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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