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TAXPAYER SITUATIONS RELATING TO THE ALTERNATIVE MINIMUM TAX (AMT) Calculate Gunter's Alternative Minimum Taxable Income (AMTI) for 2022. (2) Abbygail, who is single, had taxable
TAXPAYER SITUATIONS RELATING TO THE ALTERNATIVE MINIMUM TAX (AMT) Calculate Gunter's Alternative Minimum Taxable Income (AMTI) for 2022. (2) Abbygail, who is single, had taxable income of $100,000 for 2022. She had positive AMT adjustments of $50,000, negative AMT adjustments of $12,000, and tax preference items of $72,000. (a) Compute Abbygail's alternative minimum taxable income (AMTI). (b) Based on your calculations in (a) above, compute Abbygail's tentative minimum tax
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