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taxpayer Luciano, lives in Florida an files as single. Luciano taxable income 550,000. in 2020 lucian tax liability before adjustment is $158,427. he has 1.
taxpayer Luciano, lives in Florida an files as single. Luciano taxable income 550,000. in 2020 lucian tax liability before adjustment is $158,427. he has
1. positive AMT adjustments of 100,000 - incentive stock options.
2. itemized deductions limitation and tax preferences of 25,000.
3. what is lucian alternative minimum tax for 2020?
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