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Mark for follow up Question 8 of 75. 83536 The alternative minimum tax (AMT) for corporations is: O 20%. 20% but with an exemption of
Mark for follow up Question 8 of 75. 83536 The alternative minimum tax (AMT) for corporations is: O 20%. 20% but with an exemption of $40,000. O 30%. O AMT for corporations has been repealed. OMark for follow up 83538 OMMaik lor follow up 83538 Question 9 of 75. Dawson, Inc., had regular tax due of $35,000 for the tax year ending December 31, 2018. It also had $60,000 of AMT credit carried for years and available in 2018. What is the amount of the AMT credit that can be claimed in 2018? $35,000 $47,500 $60,000 O $65,000 SMark for follow up
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