Calculate the exemption amount for the following cases in 2021 for a married taxpayer filing jointly and
Question:
Calculate the exemption amount for the following cases in 2021 for a married taxpayer filing jointly and for a married taxpayer filing separately. In addition, use Microsoft Excel to express your solutions for the taxpayer who is married filing jointly. Place any parameter that could change annually in a separate cell, and incorporate the cell references into the formula.
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Case 1 23 AMTI $ 350,000 1,200,000 1,800,000
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Related Book For
South-Western Federal Taxation 2022 Individual Income Taxes
ISBN: 9780357519073
45th Edition
Authors: James C. Young, Annette Nellen, William A. Raabe, Mark Persellin, William H. Hoffman
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