For all the following cases, assume that taxable income does not include any dividend income or...

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For all the following cases, assume that taxable income does not include any dividend income or capital gain. Required: a. Compute AMT (if any) if Mr. and Ms. Baker's, married filing jointly, reported taxable income of $221,000 and AMTI before exemption of $221,900. b. Compute AMT (if any) if Mr. Costa's, single taxpayer, reported taxable income of $194,310 and AMTI before exemption of $216,900. c. Compute AMT (if any) if Ms. Juma's, a single taxpayer, reported taxable income of $680,075 and AMTI before exemption of $799,200. Assume the taxable year is 2022. Use Individual Tax Rate Schedules. Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute AMT (if any) if Mr. and Ms. Baker's, married filing jointly, reported taxable income of $221,000 and AMTI before exemption of $221,900. For all the following cases, assume that taxable income does not include any dividend income or capital gain. Required: a. Compute AMT (if any) if Mr. and Ms. Baker's, married filing jointly, reported taxable income of $221,000 and AMTI before exemption of $221,900. b. Compute AMT (if any) if Mr. Costa's, single taxpayer, reported taxable income of $194,310 and AMTI before exemption of $216,900. c. Compute AMT (if any) if Ms. Juma's, a single taxpayer, reported taxable income of $680,075 and AMTI before exemption of $799,200. Assume the taxable year is 2022. Use Individual Tax Rate Schedules. Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute AMT (if any) if Mr. and Ms. Baker's, married filing jointly, reported taxable income of $221,000 and AMTI before exemption of $221,900.

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a Mr and Ms Baker married filing jointly reported taxable income of 221000 and AMT before exemption of 221900 Calculation of Tentative Minimum Tax TMT ... View the full answer