Raise Corporations regular taxable income is $3,590,000, and it has positive AMT adjustments totaling $980,000 and AMT

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Raise Corporation’s regular taxable income is $3,590,000, and it has positive AMT adjustments totaling $980,000 and AMT tax preferences totaling $315,000. Compute Raise’s AMT (if any).

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Principles Of Taxation For Business And Investment Planning 2016 Edition

ISBN: 9781259549250

19th Edition

Authors: Sally Jones, Shelley Rhoades Catanach

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Question Posted: Nov 03, 2015 05:28 AM

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Raise Corporations regular taxable income is $3,590,000, and it has positive AMT adjustments totaling $980,000 and AMT

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Principles Of Taxation For Business And Investment Planning 2016 Edition

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