Question
Beulah, who is singleand itemizes deductions, provides you with the following information from her financialrecords for 2019. Compute Beulah's AMTI. Regular income tax liability $104,694
Beulah, who is singleand itemizes deductions, provides you with the following information from her financialrecords for 2019. Compute Beulah's AMTI.
Regular income tax liability $104,694
AMT positive adjustments 33,000
AMT preferences 75,000
Taxable income 370,000
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
