Question: In each of the following cases compute AMT if any

In each of the following cases, compute AMT (if any). For all cases, assume that tax-able income does not include any dividend income or capital gain.
a. Mr. and Mrs. BH’s taxable income on their joint return was $200,000, and their AMTI before exemption was $203,000.
b. Mr. CK’s taxable income on his single return was $77,300, and his AMTI before exemption was $98,000.
c. Ms. W’s taxable income on her head of household return was $181,000, and her AMTI before exemption was $249,500.

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  • CreatedNovember 03, 2015
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