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Ms. Kilo's regular income tax before credits on her Form 1040 is $450,890, and she has a $5,700 minimum tax credit from a previous year.
Ms. Kilo's regular income tax before credits on her Form 1040 is $450,890, and she has a $5,700 minimum tax credit from a previous year. Which of the following statements is true? Multiple Choice A. If Ms. Kilo's tentative minimum tax is $450,890, her total tax liability is $445,190. B. If Ms. Kilo's tentative minimum tax is $445,890, her total tax liability is $440,190. C. If Ms. Kilo's tentative minimum tax is $445,890, her total tax liability is $445,890. Both A. and C. are true
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