Hall Corporation was formed in 2013 and was exempt from AMT for that year. From 2014 through 2016, its regular tax and tentative minimum tax were as follows:

a. Compute Hall's tax for 2014, 2015, and 2016.
b. Compute Hall's tax for 2017 if its regular taxable income is $9 million, and its AMTI is $11 million.
c. Compute Hall's tax for 2017 if its regular taxable income is $9 million, and its AMTI is $14.8 million.

Transcribed Image Text:

Tentative Minimum Tax Regular Tax Year 2014 $ 200,000 2015 $ 160,000 1,500,000 1,820,000 2016