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Phoebe and Mike, who are married and file jointly, have 2019 Alternative Minimum Taxable income of $148,000. Their 2019 regular taxable income amount is $90,000.
Phoebe and Mike, who are married and file jointly, have 2019 Alternative Minimum Taxable income of $148,000. Their 2019 regular taxable income amount is $90,000. Determine the amount of tax Phoebe and Mike will have to pay. Are they subjec to the Alternative Minimum Tax?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
