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Mr. and Mrs. Reid reported $1,435,700 ordinary taxable income for regular tax purposes and had $158,200 positive AMT adjustments and preferences. Compute their tentative minimum

Mr. and Mrs. Reid reported $1,435,700 ordinary taxable income for regular tax purposes and had $158,200 positive AMT adjustments and preferences. Compute their tentative minimum tax.

Multiple Choice

  • $414,414

  • $446,292

  • $497,746

  • $442,294

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