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For all the following cases, assume that taxable income does not include any dividend income or capital gain. Required: a . Compute AMT ( if
For all the following cases, assume that taxable income does not include any dividend income or capital gain.
Required:
a Compute AMT if any if Mr and Ms Baker's, married filing jointly, reported taxable income of $ and AMTI before exemption
of $
b Compute AMT if any if Mr Costa's, single taxpayer, reported taxable income of $ and AMTI before exemption of $
c Compute AMT if any if Ms Juma's, a single taxpayer, reported taxable income of $ and AMTI before exemption of
$
Assume the taxable year is Use Individual Tax Rate Schedules.
Complete this question by entering your answers in the tabs below.
Compute AMT if any if Ms Juma's, a single taxpayer, reported taxable income of $ and AMTI before exemption of
$
Note: Round your intermediate calculations and final answer to the nearest whole dollar amount. Enter if taxpayer is not
subject to AMT.
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