Question
1.Calculate the exemptions to the Alternative Minimum Tax for 2018 of a single taxpayer whose Income subject to the Alternative Minimum Tax is $ 210,000.
1.Calculate the exemptions to the Alternative Minimum Tax for 2018 of a single taxpayer whose Income subject to the Alternative Minimum Tax is $ 210,000.
2.Make the same calculation as in the previous exercise, but this time assuming that the taxpayer is married and files the tax return together.
3.Make the same calculation as in the previous exercise, but this time assuming that the taxpayer is married and files the tax return separately
4.Calculate the 2018 Alternative Minimum Tax (AMT), if any, for a single taxpayer with an income of $ 112,000 and the following characteristics:
Tax preferences of $ 46,000
Adjustments for the Alternative Minimum Tax (AMT):
a)Positives - $ 22,000
b)Negative ($ 25,000)
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