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Comprehensive Problem. Determine the tax due, including the alternative minimum tax, for Patty Perkins, assuming she is single using the following tax information: Adjusted Gross
Comprehensive Problem. Determine the tax due, including the alternative minimum tax, for Patty Perkins, assuming she is single using the following tax information:
Adjusted Gross Income=$100,000
Itemized Deductions=$20,000
Alternative Minimum Tax Itemized Deduction=12,000
Tax Preference Items= 40,000
General Business Credit= 17,000
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