Use the following data to calculate Chiara's 2016 AMT base. Chiara files as a single taxpayer and

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Use the following data to calculate Chiara's 2016 AMT base. Chiara files as a single taxpayer and itemizes her deductions.

Taxable income ...................................................$148,000

Positive AMT adjustments

(does not include personal exemptions)............. 73,000

Negative AMT adjustments ...................................55,000

AMT preferences ...................................................30,000

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South Western Federal Taxation 2017 Comprehensive

ISBN: 9781305874169

40th Edition

Authors: William H. Hoffman, David M. Maloney, William A. Raabe, James C. Young

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Question Posted: Sep 21, 2024 05:14 AM

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Use the following data to calculate Chiara's 2016 AMT base. Chiara files as a single taxpayer and

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Chiaras taxable income prior to the personal exemption ...View the full answer

South Western Federal Taxation 2017 Comprehensive

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