LO.7 Renee and Sanjeev Patel, who are married, reported taxable income of $1,008,000 for 2018. They incurred
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LO.7 Renee and Sanjeev Patel, who are married, reported taxable income of $1,008,000 for 2018. They incurred positive AMT adjustments of $75,000 and tax preference items of $67,500. The couple itemizes their deductions.
a. Compute the Patels' AMTI for 2018.
b. Compute their tentative minimum tax for 2018.
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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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