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Crystal has a regular tax liability of $42,500 and a tentative minimum tax of $43,100. Given just this information, what is her alternative minimum tax
Crystal has a regular tax liability of $42,500 and a tentative minimum tax of $43,100. Given just this information, what is her alternative minimum tax liability for the year?
| A. | $0 | |
| B. | $600 | |
| C. | $43,100 | |
| D. | $85,600 | |
| E. | $42,500 |
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College Accounting A Practical Approach Chapters 1-26
Authors: Jeffrey Slater
8th Edition
0130911429, 978-0130911421
