What is the earned income credit allowed Dona Limon assuming she has adjusted gross

income of $20,500 and earned income of $5,500? She maintains a household for her

daughter.

Veronica Peacock, single, has taxable income of $240,500. Compute her regular tax

liability (no tax credits). She has adjustments to taxable income of $0,000 and tax

preferences of $80,000. What is the total tax due? What is her AMT