The partner responsible for tax matters on the Alpha, Inc., account has asked you to check the

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The partner responsible for tax matters on the Alpha, Inc., account has asked you to check the final calculation of Alpha's AMT liability, which has been prepared by Alpha's controller. She provides you with the following information:
Taxable income........................................$4,768,600
AMTI...................................................$6,124,020
Foreign tax credit (regular tax and AMT)............$ 62,400
What is Alpha's alternative minimum tax, if any?

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South Western Federal Taxation 2018 Corporations Partnerships Estates And Trusts

ISBN: 1389

41st Edition

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

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Question Posted: Jan 30, 2018 08:35 AM

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South Western Federal Taxation 2018 Corporations Partnerships Estates And Trusts

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