Bonnie, who is single, has taxable income of $0 in 2013. She reports positive timing adjustments of

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Bonnie, who is single, has taxable income of $0 in 2013. She reports positive timing adjustments of $200,000 and AMT exclusion items of $100,000 for the year. What is Bonnie's AMT credit for carryover to 2014?

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South Western Federal Taxation 2014 Comprehensive Volume

ISBN: 9781285180922

37th Edition

Authors: William H. Hoffman, David M. Maloney, William A. Raabe, James C. Young

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Question Posted: Jan 04, 2017 06:33 AM

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Bonnie, who is single, has taxable income of $0 in 2013. She reports positive timing adjustments of

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AMT computation Taxable income 0 Plus Timing adjustments 200...View the full answer

South Western Federal Taxation 2014 Comprehensive Volume

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