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In each of the following cases, compute AMT (if any). For all cases, assume that taxable income does not include any dividend income or capital

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In each of the following cases, compute AMT (if any). For all cases, assume that taxable income does not include any dividend income or capital gain. 15 a. Mr. and Mrs. Baker's taxable income on their joint return was $211,000, and their AMTI before exemption was $212,900. b. Mr. Costa's taxable income on his single return was $186,210, and his AMTI before exemption was $207,900. c. Ms. White's taxable income on her single return was $666,075, and her AMTI before exemption was $802,700. 4 points Assume the taxable year is 2018. Use Individual Tax Rate Schedules. 02:16:20 Complete this question by entering your answers in the tabs below. eBook Required A Required B Required C Mr. and Mrs. Baker's taxable income on their joint return was $211,000, and their AMTI before exemption was $212,900. (Round your intermediate calculations and final answer to the nearest whole dollar amount.) AMT Required A Required B > Complete this question by entering your answers in the tabs below. Required B Required C Required A Mr. Costa's taxable income on his single return was $186,210, and his AMTI before exemption was $207,900. (Round your intermediate calculations and final answer to the nearest whole dollar amount.) AMT Required C Required A Complete this question by entering your answers in the tabs below. Required A Required B Required C Ms. White's taxable income on her single return was $666,075, and her AMTI before exemption was $802,700. (Round your intermediate calculations and final answer to the nearest whole dollar amount.) AMT Required B Required C> INDIVIDUAL TAX RATES Married Filing Jointly and Surviving Spouse If taxable income is: The tax Is: Not over $19,050 Over $19,050 but not over $77,400 10% of taxable income $1,905.00 12% of excess over $19,050 $8,907.0022% of excess over $77,400 $28,179.00 24% of excess over $165,000 oo over Over $165,000 but not over $315,000 Over $315,000 but not over $400,000 Over $400,000 but not over $600,000 Over $600,000 $64,179.00+32% of excess over $315,000 $91,379.00 35% of excess over $400,000 $161,379.00 +37% of excess over $600,000 Marrled Fillng Separately The tax is If taxable Income is: Not over $9,525 Over $9,525 but not over $38,700 Over $38,700 but not over $82,500 10% of taxable income $952.50 12% of excess over $9,525 4,453.50 22% of excess over $38,700 $14,089.5024% of excess over $82,500 Over $82,500 but not over $157,500 Over $157,500 but not over $200,000 Over $200,000 but not over $300,000 Over $300,000 $32,089.50 32% of excess over $157,500 $45,689.50+35% of excess over $200,000 $80,689.5037% of excess over $300,000 Heads of Household The tax is If taxable income is 10% of taxable income $1.360,00+ 12% of excess over $13,600 Not over $13,600 Over $13.600 but not over $51,800 Over $51,800 but not over $82,500 Over $82,500 but not over $157,500 Over $157,500 but not over $200,000 Over $200,000 but not over $500,000 Over $500,000 $5.944,00+22% of excess over $51,800 $12,698.00 24% of excess over $82,500 $30,698.00 +32% of excess over $157,500 $44,298.00 35% of excess over $200,000 $149,298.00 +37% of excess over $500,000 Single The tax is If taxable Income is: 10 % of taxable income $952.5012% of excess over $9,525 Not over $9,525 Over $9,525 but not over $38,700 $4,453.5022% of excess over $38,700 Over $38,700 but not over $82,500 $14,089.5024% of excess over $82,500 Over $82,500 but not over $157,500 32% of excess over $157,500 Over $157,500 but not over $200,000 $32,089.50 Over $200,000 but not over $500,000 $45,689.50 35% of excess over $200,000 $150,689.50 +37% of excess over $500,000 Over $500,000 ESTATE AND TRUST TAX RATES If taxable Income Is: The tax Is: Not over $2,550 10% of taxable income Over $2,550 not over $9,150 $25524% of the excess over $2,550 $1,83935% of the excess over $9,150 $3,011.5037% of the excess over $12,500 Over $9,150 not over $12,500 Over $12,500 In each of the following cases, compute AMT (if any). For all cases, assume that taxable income does not include any dividend income or capital gain. 15 a. Mr. and Mrs. Baker's taxable income on their joint return was $211,000, and their AMTI before exemption was $212,900. b. Mr. Costa's taxable income on his single return was $186,210, and his AMTI before exemption was $207,900. c. Ms. White's taxable income on her single return was $666,075, and her AMTI before exemption was $802,700. 4 points Assume the taxable year is 2018. Use Individual Tax Rate Schedules. 02:16:20 Complete this question by entering your answers in the tabs below. eBook Required A Required B Required C Mr. and Mrs. Baker's taxable income on their joint return was $211,000, and their AMTI before exemption was $212,900. (Round your intermediate calculations and final answer to the nearest whole dollar amount.) AMT Required A Required B > Complete this question by entering your answers in the tabs below. Required B Required C Required A Mr. Costa's taxable income on his single return was $186,210, and his AMTI before exemption was $207,900. (Round your intermediate calculations and final answer to the nearest whole dollar amount.) AMT Required C Required A Complete this question by entering your answers in the tabs below. Required A Required B Required C Ms. White's taxable income on her single return was $666,075, and her AMTI before exemption was $802,700. (Round your intermediate calculations and final answer to the nearest whole dollar amount.) AMT Required B Required C> INDIVIDUAL TAX RATES Married Filing Jointly and Surviving Spouse If taxable income is: The tax Is: Not over $19,050 Over $19,050 but not over $77,400 10% of taxable income $1,905.00 12% of excess over $19,050 $8,907.0022% of excess over $77,400 $28,179.00 24% of excess over $165,000 oo over Over $165,000 but not over $315,000 Over $315,000 but not over $400,000 Over $400,000 but not over $600,000 Over $600,000 $64,179.00+32% of excess over $315,000 $91,379.00 35% of excess over $400,000 $161,379.00 +37% of excess over $600,000 Marrled Fillng Separately The tax is If taxable Income is: Not over $9,525 Over $9,525 but not over $38,700 Over $38,700 but not over $82,500 10% of taxable income $952.50 12% of excess over $9,525 4,453.50 22% of excess over $38,700 $14,089.5024% of excess over $82,500 Over $82,500 but not over $157,500 Over $157,500 but not over $200,000 Over $200,000 but not over $300,000 Over $300,000 $32,089.50 32% of excess over $157,500 $45,689.50+35% of excess over $200,000 $80,689.5037% of excess over $300,000 Heads of Household The tax is If taxable income is 10% of taxable income $1.360,00+ 12% of excess over $13,600 Not over $13,600 Over $13.600 but not over $51,800 Over $51,800 but not over $82,500 Over $82,500 but not over $157,500 Over $157,500 but not over $200,000 Over $200,000 but not over $500,000 Over $500,000 $5.944,00+22% of excess over $51,800 $12,698.00 24% of excess over $82,500 $30,698.00 +32% of excess over $157,500 $44,298.00 35% of excess over $200,000 $149,298.00 +37% of excess over $500,000 Single The tax is If taxable Income is: 10 % of taxable income $952.5012% of excess over $9,525 Not over $9,525 Over $9,525 but not over $38,700 $4,453.5022% of excess over $38,700 Over $38,700 but not over $82,500 $14,089.5024% of excess over $82,500 Over $82,500 but not over $157,500 32% of excess over $157,500 Over $157,500 but not over $200,000 $32,089.50 Over $200,000 but not over $500,000 $45,689.50 35% of excess over $200,000 $150,689.50 +37% of excess over $500,000 Over $500,000 ESTATE AND TRUST TAX RATES If taxable Income Is: The tax Is: Not over $2,550 10% of taxable income Over $2,550 not over $9,150 $25524% of the excess over $2,550 $1,83935% of the excess over $9,150 $3,011.5037% of the excess over $12,500 Over $9,150 not over $12,500 Over $12,500

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