Donna, an unmarried individual who is age 66 , has taxable income of ($ 300,000). She has

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Donna, an unmarried individual who is age 66 , has taxable income of \(\$ 300,000\). She has AMT positive adjustment of \(\$ 68,000\) and tax preferences of \(\$ 40,000\).

a. What is Donna's AMT?

b. What is the total amount of Donna's tax liability?

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CCH Federal Taxation 2019 Comprehensive Topics

ISBN: 9780808049081

2019 Edition

Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback

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