In each of the following independent situations, determine the tentative

In each of the following independent situations, determine the tentative minimum tax (assume that the companies are not in small corporation status):

AMTI (before the Exemption Amount)

Brant Corporation …………………………… $170,000

Tern Corporation …………………………….  190,000

Snipe Corporation …………………………… 325,000

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...

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