Renee and Sanjeev Patel, who are married, reported taxable income of $273,000 for 2017. They incurred positive

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Renee and Sanjeev Patel, who are married, reported taxable income of $273,000 for 2017. They incurred positive AMT adjustments of $38,000, negative AMT adjustments of $14,000, and tax preference items of $67,500. The couple itemizes their deductions.
a. Compute the Patels' AMTI for 2017.
b. Compute their tentative minimum tax for 2017?
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South Western Federal Taxation 2018 Essentials Of Taxation Individuals And Business Entities

ISBN: 9781337386173

21st Edition

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

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