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Tanver Corporation, a calendar year corporation, has alternative minimum taxable income of $7 million in 2012 (before adjustment for adjusted current earnings). If Tanvers tentative
Tanver Corporation, a calendar year corporation, has alternative minimum taxable income of $7 million in 2012 (before adjustment for adjusted current earnings). If Tanvers tentative minimum tax for 2012 is $2,750,000, its ACE adjustment must have been: a. $3 million. b. $4.75 million c. $16 million d. Not determinable
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