Bonnie, who is single, reports a zero taxable income in 2016. Bonnie itemizes her deductions and takes

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Bonnie, who is single, reports a zero taxable income in 2016. Bonnie itemizes her deductions and takes the personal exemption. She reports positive AMT timing adjustments of $200,000 and other AMT positive adjustments of $100,000 for the year. What is Bonnie's AMT credit that will carry over to 2017?
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South Western Federal Taxation 2017 Comprehensive

ISBN: 9781305874169

40th Edition

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

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