Chuck is single and has no dependents. He does not itemize deductions. In 2016, he claims a

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Chuck is single and has no dependents. He does not itemize deductions. In 2016, he claims a $4,050 personal exemption and records taxable income of $120,000. Chuck’s AMT preferences total $51,000. What is Chuck’s AMTI for the year?

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South Western Federal Taxation 2017 Comprehensive

ISBN: 9781305874169

40th Edition

Authors: William H. Hoffman, David M. Maloney, William A. Raabe, James C. Young

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Question Posted: Oct 18, 2023 09:00 AM

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Chuck is single and has no dependents. He does not itemize deductions. In 2016, he claims a

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South Western Federal Taxation 2017 Comprehensive

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