Question
If the regular tax liability is $14,500 and the tentative minimum tax is $16,200, which of the following is true? a. AMT =$1,700, Total tax
If the regular tax liability is $14,500 and the tentative minimum tax is $16,200, which of the following is true?
| a. | AMT =$1,700, Total tax liability = $14,500 | |
| b. | AMT =$1,700, Total tax liability = $16,200 | |
| c. | AMT = $0, Total tax liability = $14,500 | |
| d. | AMT = $0, Total tax liability = $16,200 |
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Accounting An Introduction
Authors: Eddie McLaney, Peter Atrill
2nd Edition
0273655507, 978-0273655503
