Chuck is single, has no dependents, and does not itemize deductions. In 2017, he claims a personal
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Chuck is single, has no dependents, and does not itemize deductions. In 2017, he claims a personal exemption of $4,050 and reports taxable income of $120,000. His tax preferences total $51,000. What is Chuck’s AMTI for 2017?
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The adjustments for the 6350 standard deduction and the 4050 ...View the full answer
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Related Book For
South-Western Federal Taxation 2018 Comprehensive
ISBN: 9781337386005
41st Edition
Authors: David M. Maloney, William H. Hoffman, Jr., William A. Raabe, James C. Young
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