2. In 2018, Carson is claimed as a dependent on his parent's tax return. Carson's parents provided most of his support. What is Carson's tax liability for the year in each of the following alternative circumstances? Use Tax Rate Schedule, Dividends and Capital Gains Tax Rates, Estates and Trusts for reference. for reference.

a. Carson is 17 years old at year-end and earned $14,000 from his summer job and part-time job after school. This was his only source of income.

b. Carson is 23 years old at year-end. He is a full-time student and earned $14,000 from his summer internship and part-time job. He also received $5,000 of qualified dividend income.

3. Sylvester files as a single taxpayer during 2018. He itemizes deductions for regular tax purposes. He paid charitable contributions of $7,000, real estate taxes of $1,000, state income taxes of $4,000, and mortgage interest of $2,000 on $30,000 of acquisition indebtedness on his home. Sylvesters regular taxable income is $100,000.

What is Sylvesters AMTI?

AMTI:

4. The following information applies to the questions displayed below.] Corbett's AMTI is $600,000.What is his AMT exemption under the following alternative circumstances? Exhibit 8-5.

a. He is married and files a joint return. b. He is married and files a separate return.

c. His filing status is single.

d. His filing status is head of household.