Question: Problem 17-18 (LO. 4) Use the following data to calculate Chiara's AMT base in 2023: Taxable income Positive AMT adjustments Negative AMT adjustments AMT preferences

Problem 17-18 (LO. 4) Use the following data to calculate Chiara's AMT base in 2023: Taxable income Positive AMT adjustments Negative AMT adjustments AMT preferences Chiara will file as a single taxpayer and chooses to itemize her deductions. Click here to access the exemption table. Chiara's taxable income Plus or minus: Plus: Equals: Less: Equals: $248,000 73,000 25,000 30,000 11. AMTI AMT base $248,000

Problem 17-18 (LO. 4) Use the following data tocalculate Chiara's AMT base in 2023: Chiara will file as a single taxpayer and chooses to itemize her deductions. Click here to access the exemption table

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