Question
Bonnie, who is single, reports a zero taxable income in 2016. Bonnie itemized her deductions and takes the personal exemption. She reports positive AMT timing
Bonnie, who is single, reports a zero taxable income in 2016. Bonnie itemized her deductions and takes the personal exemption. She reports positive AMT timing adjustments of $200,000. and the other AMT positive adjustments of $100,000 for the year. What is Bonnie's AMT credit that will carry over for 2017?
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Quality And GMP Auditing Clear And Simple
Authors: James L. Vesper
1st Edition
0367400901, 978-0367400903
