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Your clients, who file as MFJ, have the following tax items in the current year: Adjusted Gross Income (AGI) $145,000 Regular tax liability $15,382 Alternative
Your clients, who file as MFJ, have the following tax items in the current year:
- Adjusted Gross Income (AGI) $145,000
- Regular tax liability $15,382
- Alternative Minimum Taxable Income (AMTI) $233,700
How much is your client's AMT payable?
A.$13,522
B.$14,587
C.$15,441
D.$15,896
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