Renee and Sanjeev Patel, who are married, reported taxable income of $1,008,000 for 2022. They incurred positive

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Renee and Sanjeev Patel, who are married, reported taxable income of $1,008,000 for 2022. They incurred positive AMT modifications of $142,500.

a. Compute the Patels’ AMTI for 2022.

b. Compute their tentative minimum tax for 2022.

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South Western Federal Taxation 2023 Comprehensive Volume

ISBN: 9780357719688

46th Edition

Authors: Annette Nellen, Andrew D. Cuccia, Mark Persellin, James C. Young

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Question Posted: Sep 24, 2023 07:49 AM

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Renee and Sanjeev Patel, who are married, reported taxable income of $1,008,000 for 2022. They incurred positive

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South Western Federal Taxation 2023 Comprehensive Volume

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