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If a single taxpayer has regular income tax liability of $22,500 and AMTI of $150,000 before deducting the AMT exemption, calculate the AMT for 2015
If a single taxpayer has regular income tax liability of $22,500 and AMTI of $150,000 before deducting the AMT exemption, calculate the AMT for 2015 (round your answerto the nearest dollar).NOTE: AMT stands for Alternative Minimum Tax; AMTI stands for Alternative Minimum Taxable Income
$2,564. | ||
$4,566. | ||
$22,500. | ||
$25,064. | ||
None of the above. |
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