William and Maria Smith are a married couple filing jointly. They have no children and report the
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William and Maria Smith are a married couple filing jointly. They have no children and report the following items in 2023:
a. What is the Smith’s AMT liability?
b. What would be William’s AMT liability if he were an unmarried taxpayer filing single with a regular tax liability of \($17,400\)?
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Related Book For
Pearsons Federal Taxation 2024 Individuals
ISBN: 9780138238100
37th Edition
Authors: Mitchell Franklin, Luke E. Richardson
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