Alfred is single, and his AMTI of $350,000 consists of the following. What tax rates are applicable

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Alfred is single, and his AMTI of $350,000 consists of the following. What tax rates are applicable in calculating Alfred's TMT?
Ordinary income ............................ $250,000
Long-term capital gains ...................... 70,000
Qualified dividends .......................... 30,000
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Related Book For  answer-question

South Western Federal Taxation Individual Income Taxes 2017

ISBN: 9781305873988

40th Edition

Authors: William H. Hoffman, David M. Maloney, William A. Raabe, James C. Young, Nellen

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