Question
Olga is married and files a joint tax return with her husband. What amount of AMT exemption may she deduct under each of the following
Olga is married and files a joint tax return with her husband.
What amount of AMT exemption may she deduct under each of the following alternative circumstances? Exhibit 8-5.
Note: Leave no answer blank. Enter zero if applicable.
Required:
Her AMTI is $400,500.
Her AMTI is $1,184,200.
Her AMTI is $1,610,500.
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
9th Edition
978-0470317549, 9780470387085, 047031754X, 470387084, 978-0470533475
