Arthur Wesson, an unmarried individual who is age 68, reports 2014 taxable income of $160,000. He records
Question:
a. What is Arthur's AMT?
b. What is the total amount of Arthur's tax liability?
c. Draft a letter to Arthur explaining why he must pay more than the regular income tax liability. Arthur's address is 100 Colonel's Way, Conway, SC 29526.
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Related Book For
South Western Federal Taxation 2015
ISBN: 9781305310810
38th Edition
Authors: William H. Hoffman, William A. Raabe, David M. Maloney, James C. Young
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