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Charlie's regular tax liability is $ 4 3 , 6 9 5 . His tentative minimum tax is $ 5 8 , 3 0 4

Charlie's regular tax liability is $ $43, 695 .$ His tentative minimum tax is $ $58, 304 .$ He doesn't have any tax credits. What is the amount of Charlie's alternative minimum tax $($ AMT $)$ and how much will he actually pay in tax for the current year?

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Question

Charlie's regular tax liability is $ 4 3 , 6 9 5 . His tentative minimum tax is $ 5 8 , 3 0 4

Charlie's regular tax liability is $43,695. His tentative minimum tax is $58,304. He doesn't have any tax credits. What is the amount of Charlie's alternative minimum tax (AMT) and how much will he actually pay in tax for the current year?

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Charlie's regular tax liability is $ $43, 695 .$ His tentative minimum tax is $ $58, 304 .$ He doesn't have any tax credits. What is the amount of Charlie's alternative minimum tax $($ AMT $)$ and how much will he actually pay in tax for the current year?