Question
48. LO.5, 6 Bonnie, who is single, reports a zero taxable income in 2015. Bonnie itemizes her deductions and takes the personal exemption. She reports
48. LO.5, 6 Bonnie, who is single, reports a zero taxable income in 2015. Bonnie itemizes her deductions and takes the personal exemption. She reports positive AMT timing adjustments of $200,000 and other AMT positive adjustments of $100,000 for the year.
What is Bonnies AMT credit that will carry over to 2016?
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The Data And Analytics Playbook Proven Methods For Governed Data And Analytic Quality
Authors: Lowell Fryman, Gregory Lampshire, Dan Meers
1st Edition
0128023074, 978-0128023075
