Joan and Matthew are married, have 2 children, and report the following items on their current years

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Joan and Matthew are married, have 2 children, and report the following items on their current year€™s tax return:

Determine Joan and Matthew€™s regular tax liability and, if applicable, the amount of their alternative minimum tax. Write a memo to Joan and Matthew explaining the adjustments they will have to make in computing their alternative minimumtax.

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Concepts In Federal Taxation

ISBN: 9780324379556

19th Edition

Authors: Kevin E. Murphy, Mark Higgins, Tonya K. Flesher

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Question Posted: Mar 29, 2013 05:38 AM

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Joan and Matthew are married, have 2 children, and report the following items on their current years

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The primary adjustments that are required of individual taxpayers are for deductions from adjusted gross income that are either modified or not allowe...View the full answer

Concepts In Federal Taxation

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