Question: Drake and Davina are married and file a joint return for 2018 with taxable income of $100,000 and tax preferences and adjustments of $75,000 for

Drake and Davina are married and file a joint return for 2018 with taxable income of $100,000 and tax preferences and adjustments of $75,000 for AMT purposes. Their regular tax liability is $13,879. What is the amount of their total tax liability?

A) $13,879 B) $17,056 C) $23,768 D) $26,478

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!