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Please write out and explain the calculation. Harmony, single, reports a regular tax liability of $15,000 and alternative minimum taxable income of $150,000. What is
Please write out and explain the calculation.
Harmony, single, reports a regular tax liability of $15,000 and alternative minimum taxable income of $150,000. What is her alternative minimum tax liability for the year? $15,000 $20,046 $0 $5,046 $24,000
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