Myamo was incorporated on January 1, 2014, and adopted a calendar year for tax purposes. It had
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Myamo was incorporated on January 1, 2014, and adopted a calendar year for tax purposes. It had the following gross receipts for its first three taxable years:
2014.................................... $5,118,300
2015...................................... 3,520,000
2016...................................... 5,291,000
For which of these three years is Myamo exempt from AMT?
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Related Book For
Principles Of Taxation For Business And Investment Planning 2017
ISBN: 9781259753015
20th Edition
Authors: Sally M. Jones, Shelley C. Rhoades Catanach, Sandra R. Callaghan
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