An individual taxpayer will be liable for alternative minimum tax when: a. The tentative minimum tax exceeds

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An individual taxpayer will be liable for alternative minimum tax when: a. The tentative minimum tax exceeds the regular tax liability. b. The taxpayer's income is below the filing threshold. c. The regular tax liability exceeds the tentative minimum tax. d. The standard deduction or any credit is claimed

Posted Date: May 18, 2024 07:12 PM

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An individual taxpayer will be liable for alternative minimum tax when: a. The tentative minimum tax exceeds

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