Question
Persephone has a regular tax liability of $12,975 and a tentative minimum tax of $11,550. Given just this information, what is her alternative minimum tax
Persephone has a regular tax liability of $12,975 and a tentative minimum tax of $11,550. Given just this information, what is her alternative minimum tax liability for the year?
$0
$11,550
$1,425
$12,975
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Financial Accounting
Authors: Charles T. Horngren, Jr. Harrison, Walter T.
2nd Edition
0133118207, 978-0133118209
