Jose, an unmarried taxpayer filing single with no dependents, has AGI of $200,000 and reports the following

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Jose, an unmarried taxpayer filing single with no dependents, has AGI of $200,000 and reports the following items in 2015:
Taxable income…………………………………………………. $160,000
Tax preferences ………………………………………………… 10,000
AMT adjustments related to itemized deductions …………….. 30,000
Regular tax liability ……………………………………………. 37,871
What is Jose’s AMT liability for 2015?
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Federal Taxation 2016 Comprehensive

ISBN: 9780134104379

29th Edition

Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson

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