Dylan is a single taxpayer with ($600,000) of taxable income, which results in a regular tax liability
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Dylan is a single taxpayer with \($600,000\) of taxable income, which results in a regular tax liability of \($182,332\) in 2023. Dylan is extremely cautious about being subject to AMT and wants to know how much AMT preferences or adjustments she can afford without being subject to AMT.
a. Compute the amount of preference and adjustments it would take for Dylan to have an AMT.
b. Comment on why it takes so many adjustments for Dylan to enter AMT.
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Related Book For 
Pearsons Federal Taxation 2024 Individuals
ISBN: 9780138238100
37th Edition
Authors: Mitchell Franklin, Luke E. Richardson
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