William is not married, nor does he have any dependents. He does not itemize deductions. His taxable

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William is not married, nor does he have any dependents. He does not itemize deductions. His taxable income for 2018 was $87,000 and his regular tax was $15,176. His AMT adjustments totaled $125,000. What is William’s AMT for 2018?

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Fundamentals Of Taxation 2019

ISBN: 9781260158670

12th Edition

Authors: Ana M. Cruz Dr., Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler, Jinhee Trone

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Question Posted: Jun 03, 2019 06:35 AM

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William is not married, nor does he have any dependents. He does not itemize deductions. His taxable

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Taxable Income 87000 Standard Deduction 12000 Adjustment 125000 AMTI 224000 Exemption 70300 AMT Bas...View the full answer

Fundamentals Of Taxation 2019

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