The Wes Trust reports $100,000 of AMT income before the annual exemption. The entitys AMT for 2019

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The Wes Trust reports $100,000 of AMT income before the annual exemption. The entity’s AMT for 2019 is:

a. $19,604.

b. $20,573.

c. $26,000.

d. $28,000.

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South-Western Federal Taxation 2020 Comprehensive

ISBN: 9780357109144

43rd Edition

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

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Question Posted: Jun 01, 2020 07:58 AM

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The Wes Trust reports $100,000 of AMT income before the annual exemption. The entitys AMT for 2019

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For Tax year 2019 AMT Income 100000 Income before phaseout 25000 Phaseout 100000 83500 18...View the full answer

South-Western Federal Taxation 2020 Comprehensive

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