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For 2018 regular income tax purposes, George, who is single, is in the 35% regular tax bracket. His AMT base is $220,000. His regular tax
For 2018 regular income tax purposes, George, who is single, is in the 35% regular tax bracket. His AMT base is $220,000. His regular tax is $64,500. His AMT is (rates: first $191,000 of the AMT base is 26% and is 28% for the AMT base in excess of $191,100).
a.$57,778
b.$61,600
c.$57,950
d.$6,550
e.None of these
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