For many years, Saul's sole proprietorship and his related Form 1040 have had a number of AMT
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For many years, Saul's sole proprietorship and his related Form 1040 have had a number of AMT tax preferences and AMT adjustments. He has made the AMT cal- culation each year, but the calculated amount always has been $0. Saul's regular taxable income and the AMT adjustments and preferences for 2018 are the same as for last year. Yet, he must pay AMT this year. Explain how this could happen.
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Related Book For 
Essentials Of Taxation Individuals And Business Entities 2019
ISBN: 9780357233290
1st Edition
Authors: William A Raabe, James C Young
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