Bonnie, who is single, reports a zero taxable income for 2016. Bonnie itemizes deductions and takes the

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Bonnie, who is single, reports a zero taxable income for 2016. Bonnie itemizes deductions and takes the personal exemption. She incurs positive timing adjustments of $200,000 and AMT exclusion items of $100,000 for the year. What is Bonnie's AMT credit for carryover to 2017?
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South Western Federal Taxation Individual Income Taxes 2017

ISBN: 9781305873988

40th Edition

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

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